PÖYRY HAS COMPLETED STATUTORY EMPLOYEE NEGOTIATIONS IN FINLAND



PÖYRY PLC          Company Announcement 19 March 2009 at 9.00 a.m.

PÖYRY HAS COMPLETED STATUTORY EMPLOYEE NEGOTIATIONS IN FINLAND

Adaptation measures in Pöyry's Forest Industry and Construction
Services business groups are proceeding. The statutory employee
negotiations started in January in the units based in Finland have
been completed. Based on the negotiations, the Forest Industry
business group will at this stage lay off about 100 people
permanently and a maximum of 300 people temporarily until further
notice. The temporary lay-offs, part of which will be part-time, will
be implemented in stages, beginning in March. The Construction
Services business group will lay off about 30 people permanently and
a maximum of 200 people temporarily until further notice. The
temporary lay-offs, part of which will be part-time, will be
implemented in stages, beginning in March. Ultimately, the need for
capacity adjustment will depend on the number of people retiring with
a statutory employment pension. The non-recurring cost effect of
adjusting the capacity in Finland with the above-mentioned measures
is estimated to amount to EUR 3.5 million, of which about EUR 3
million is expected to be booked in the first-quarter results.

Adaptation measures started in January in the Forest Industry
business group's Brazilian unit are in progress. The capacity will be
adjusted to correspond to the current order stock with a reduction
equalling the capacity of about 250 people. Adaptation measures are
also ongoing in other countries where the Forest Industry business
group is operating. In North America the working week has been
shortened, among other measures. In addition, local negotiations
regarding adjustment measures have been started in Sweden.

PÖYRY PLC

Heikki Malinen
President and CEO

Teuvo Salminen
Deputy to President and CEO

Additional information by:
Heikki Malinen, President and CEO, Pöyry PLC
Tel. +358 10 33 21307
Teuvo Salminen, Deputy to President and CEO, Pöyry PLC
Tel. +358 10 33 22872
Satu Perälampi, Vice President, Corporate Communications and IR,
Pöyry PLC
Tel. +358 10 33 23002

www.poyry.com

Company Announcement on 13 January 2009


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