Jaakko Pöyry Group awarded EUR 8 million underground station and tunnel engineering contract in Switzerland

10/14/2005, 10:30 AM (Source: GlobeNewswire)

Electrowatt Infra AG, which is part of the Jaakko Pöyry Group's
Infrastructure & Environment business group, has been awarded a
tunnel engineering contract by the Swiss Federal Railways and the
Canton Zurich. The assignment will be carried out in a joint venture
with Basler & Hofmann Ltd. The engineering services will be delivered
between September 2005 and July 2013. The value of Electrowatt
Infra's contract is EUR 8 million.

This contract is a continuation to the assignment commenced in 2003,
and comprises the design of a new underground station beneath
Zurich's main station and a 5 km railway tunnel. The station and
tunnel are part of the new centre line which will increase the
transport capacity of the railway network in the business area of the
city. Electrowatt Infra's services include the preparation of tender
documents, technical and financial bid evaluation, detail design,
supervision, settlement monitoring, quality control and project
management.

Electrowatt Infra has a long track record in consulting, engineering
and project management for tunnelling in Europe and Asia. The company
is one of the leading tunnelling consultants in Switzerland and is
exporting this know-how worldwide.

The Jaakko Pöyry Group's Infrastructure & Environment business group
uses the brand name Jaakko Pöyry Infra. Its net sales for 2004 were
EUR 142 million. The business group has offices in 25 countries and
employs 2000 experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Erkki Pehu-Lehtonen
President and CEO

Teuvo Salminen
Deputy to President and CEO
Additional information by:
Günther Fässler, Head of tunnel design department, Electrowatt Infra
AG, Zurich, Switzerland
Tel. +41 76 356 2106

www.poyry.com

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