Pöyry awarded 4 MEUR railway construction management contract in Finland

PÖYRY PLC          Press release 8 March 2011 at 9.30 am Pöyry's Urban & Mobility business group has been awarded a railway construction management contract by Finnish Transport Agency. The work starts immediately. The assignment is estimated to be completed in 2014.  The value of the contract for Pöyry is EUR 4 million. The construction management assignment covers the second phase of the Seinäjoki- Oulu railway line refurbishment, except for Kokkola-Ylivieska section. This contract is a continuum of Pöyry's successful involvement in the first phase of the project, started in 2007. Seinäjoki-Oulu railway line is an important route connecting Northern and Southern Finland. The development of the line is expected to increase the competitiveness of rail traffic and will generate new opportunities for the trade and industry of the region. Pöyry is currently working in various rail projects worldwide. The assignments include for instance supervision of several high speed rail construction projects in China and Spain, rail design projects in Romania, Poland, Germany and Finland as well as metro projects in Brazil, Peru and Finland. PÖYRY PLC Additional information by: Pasi Tolppanen, President, Business Area Finland, Urban & Mobility business group Tel. +358 10 33 26656 Andy Goodwin, President, Urban & Mobility business group, Switzerland Tel. +41 44 355 5555 Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business. With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, urban & mobility and water & environment. Pöyry has 7,000 experts and a local office network in about 50 countries. Pöyry's net sales in 2010 were EUR 682 million and the company's shares are quoted on NASDAQ OMX Helsinki. (Pöyry PLC: POY1V). DISTRIBUTION: Major media www.poyry.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Pöyry Oyj via Thomson Reuters ONE [HUG#1495215]