Announcement in accordance with Section 10, Chapter 2 of the Securities Market Act


We have been informed that Corbis S.A.'s, Brussels, Belgium, relative share holding in Jaakko Pöyry Group Oyj has decreased from 25.14 per cent to 24.90 per cent. The duty to disclose the change in reportable holdings emerged due to an increase of share capital in Jaakko Pöyry Group Oyj on May 9, 2001 following upon subscription of Warrants pursuant to the company's Bond Loan with Warrants. The number of shares in Jaakko Pöyry Group Oyj held by Corbis S.A., i.e. 3 455 890 shares, has remained unchanged.

JAAKKO PÖYRY GROUP OYJ

Erkki Pehu-Lehtonen, President and CEO
Teuvo Salminen, Executive Vice President