| Pöyry Initiates Share Buyback |
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Vantaa, Finland, 08 February 2008 -- The board of directors of Pöyry Plc decided on 10 December 2007 to exercise the authorization by the annual general meeting on 05 March 2007, to acquire the company's own shares. According to the resolution of the board of directors, a maximum of 400,000 shares may be acquired for the implementation of an incentive plan.
The shares will be acquired in public trading on the OMX Nordic Exchange in Helsinki at their market price at the time of purchase. The total maximum amount to be paid for the shares is EUR 6,600,000.
The share buyback will begin on 06 February 2008, at the earliest. Shares can be acquired until 10 September 2008, subject to the resolution by the annual general meeting of Pöyry Plc convening on 10 March 2008, to renew the authorization to acquire the company's own shares and the resolution of the board of directors to exercise the authorisation for the above said purpose.
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