Jaakko Pöyry Group awarded substation assignment in Austria

2/24/2006, 1:45 PM (Source: GlobeNewswire)

Verbundplan GmbH, Austria, which is part of the Jaakko Pöyry Group's
Energy business group, has been awarded high voltage substation
reconstruction contracts by Verbund Austrian Power Grid and Verbund
Austrian Hydro Power, Austria. The value of Verbundplan's share of
the projects is over EUR 4.0 million. Engineering and installation
extend to 2008.

The assignment relates to the reconstruction of 220/380 kV substation
Südost and 220 kV substation Wallsee. Verbundplan's contracts
comprise the dismantling and reconstruction step by step of high
voltage and control equipment and cabling within the switchgears,
including detail design and commissioning. Detailed time schedules
have to be followed in order to meet the network operator
requirements.

Verbundplan is Austria's leading engineering and consulting company
in the energy, infrastructure and environmental sector, owned by
Jaakko Pöyry Group Oyj and the Austrian Verbund AG.

The Energy business group, operating under the brand name
Electrowatt-Ekono, had net sales of EUR 160 million in 2005.
Electrowatt-Ekono has offices in 23 countries and employs 1500
experts worldwide.

JAAKKO PÖYRY GROUP OYJ

Satu Perälampi
Investor Relations Manager
Additional information by:
Richard Pinnock, President & CEO, Electrowatt-Ekono, Zurich,
Switzerland
Tel. +41 76 356 2410
Günter Moraw, Managing Director, Verbundplan, Vienna, Austria
Tel. +43 50 313 54701
Stefan Hofer, Business Area Manager, Verbundplan, Vienna, Austria
Tel. +43 50 313 54640

www.poyry.com

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