HEIKKI MALINEN APPOINTED PRESIDENT AND CEO OF PÖYRY


The Board of Directors of Pöyry Plc has appointed Heikki Malinen new
President and CEO of Pöyry Plc. Heikki Malinen (45) holds an MBA from
Harvard and a Master of Science degree in Economics. He will join
Pöyry from UPM-Kymmene Corporation where he is currently Executive
Vice President, Strategy, and in this role a member of the UPM
Executive Team since January 2006. Mr Malinen will take up the
position of President and CEO of Pöyry as of 1 June 2008. Erkki
Pehu-Lehtonen, current President and CEO of Pöyry, will be available
during a period of transition to ensure a smooth change.

In the past ten years Pöyry has under Mr Pehu-Lehtonen's leadership
become a major player in the consulting and engineering sector with a
strong market position in its field of activities. The company has
experienced a three-fold sales increase, about ten-fold increase in
the market capitalisation and it has a strong financial position. The
future outlook for the company is good. Today Pöyry employs over 7300
professionals and has an extensive office network in 45 countries.
The company's growth opportunities are positive, especially in
emerging markets due to strong investment activity. Furthermore, the
company has built up a balanced business portfolio and is active in
areas where actions to mitigate the effects of climate change provide
new business opportunities in for example energy efficiency,
biofuels, mass transportation, urban planning, water distribution and
forestry planning services. The task of Heikki Malinen as the new
President and CEO of Pöyry is to capitalise on this good base for
further growth of the company."I want to take this opportunity to express my sincere thanks to
Erkki Pehu-Lehtonen for our excellent cooperation during his very
successful era at Pöyry," says Henrik Ehrnrooth, Chairman of the
Board of Directors of Pöyry Plc. He continues, "The search process
was initiated when Mr Pehu-Lehtonen expressed his desire to transfer
to part-time advisor assignments. The decision to appoint Heikki
Malinen is the outcome of a thorough global search process. We were
looking for a people leader with international experience and drive
to continue the profitable growth strategy of Pöyry. I am confident
that Mr Malinen is a perfect fit for the role, being an exceptionally
international person with extensive and relevant experience for this
position. The fact that he has professional services experience from
Pöyry in 2000-2001 will help him get a head-start in this new role.""I am very excited to join Pöyry. The company's professionals are
highly skilled and have profound expertise in many fields. Pöyry has
strong and extensive client relationships, many growth opportunities
globally and is well-positioned to expand its activities further. I
very much look forward to working with the whole organisation, the
clients and other stakeholders in taking Pöyry to the next level,"
says Heikki Malinen."I offer my best wishes to Heikki Malinen in his new role as
President and CEO of Pöyry. I support the decision to appoint Mr
Malinen as my successor and I am confident that Pöyry will be in good
hands for continued and successful growth under his leadership,"
comments Erkki Pehu-Lehtonen. Mr Pehu-Lehtonen will continue to
undertake advisory assignments from the Board of Directors.

Pöyry is a global consulting and engineering firm focusing on the
energy, forest industry and infrastructure & environment sectors.
Pöyry's net sales in 2006 amounted to about EUR 620 million and it
employs 7300 experts.

PÖYRY PLC

Board of Directors

Additional information by:
Henrik Ehrnrooth, Chairman of the Board of Directors, Pöyry Plc
Tel. +358 10 33 22211
Erkki Pehu-Lehtonen, President and CEO, Pöyry Plc
Tel. +358 10 33 22999
Heikki Malinen, President and CEO as of 1 June 2008, Pöyry Plc
Tel. +358 204 150110

The biography of Heikki Malinen is available on Pöyry's website
www.poyry.com.

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