Acquisition in Austria and Czech Republic concluded

5/28/2004, 11:17 AM (Source: GlobeNewswire)

The transaction between Jaakko Pöyry Group Oyj and Verbund AG by
which Verbundplan GmbH (74.9 per cent of the shares), Verbundplan
Prüf- und Messtechnik GbmH (97.25 per cent) and AQUATIS a.s. (95.19
per cent) are transferred into Jaakko Pöyry Group Oyj's ownership,
has been approved yesterday, May 27, 2004.

Jaakko Pöyry Group Oyj has published releases concerning the
acquisition on December 2, 2003 and April 15, 2004. These releases
include more detailed information on the business of the acquired
companies and their consolidation into the Jaakko Pöyry Group.


Erkki Pehu-Lehtonen
President and CEO

Teuvo Salminen
Deputy to President and CEO
Additional information by:
Teuvo Salminen, Deputy to President and CEO, Jaakko Pöyry Group Oyj
tel. +358 9 8947 2872, +358 400 420 285

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