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2016-01-25

Pöyry Oyj: Pöyry awarded tunnel engineering assignment for the Follo Line railway in Oslo, Norway

PÖYRY PLC Press Release 25 January 2016 at 12 pm (EET)

Pöyry awarded tunnel engineering assignment for the Follo Line railway in
Oslo, Norway

Societá Italiana per Condotte D'Acqua S.p.A. has chosen Pöyry to carry out
rock and tunnel engineering for the Follo Line in Oslo, Norway. Pöyry's
assignment includes most of the design needed for 5.5 km of tunnels close to
the city centre of Oslo, 4 km of which is for high-speed train traffic.

The Follo Line connects Oslo with the city of Ski in the east-bound Follo
district. The Follo Line tunnel system will be the longest in Norway with a
total length of 20 km and a maximum train speed of 250 km/h. It will meet the
increased demand for rail traffic capacity caused by the growing population
in the greater Oslo area, and will serve an estimated 150,000 passengers
daily after its completion by the end of 2021.

Condotte is the EPC contractor of the part that Pöyry is engineering, and the
end client is the Norwegian National Rail Administration. The tunnel will be
excavated using 'Drill&Blast' and 'Drill&Split' methods. All engineering will
be carried out as Building Information Modelling (BIM). The project includes
some unique challenges, such as the existing underground facilities and the
relocation of the underground river Alna.

"This is the first large transportation engineering assignment we have won in
Norway. Our experts in Norway and Finland are working jointly to tackle the
challenges of the assignment in an innovative and reliable way that is
characteristic to our work," says Mikko Inkala, President of Infrastructure
Design at Pöyry.

The value of the order is not disclosed. The order has been recognised within
the Regional Operations order stock in Q1 2016.

Additional information:

Mikko Inkala
President, Infrastructure Design Unit, Regional Operations, Northern Europe
Tel. +358 1033 21112

Pasi Tolppanen
President, Regional Operations Northern Europe
Tel. +358 1033 26656

Pöyry is an international consulting and engineering company. We serve clients
globally across the energy and industrial sectors and provide local services
in our core markets. We deliver management consulting and engineering
services, underpinned by strong project implementation capability and
expertise. Our focus sectors are power generation, transmission&distribution,
forest industry, chemicals&biorefining, mining&metals, transportation and
water. Pöyry has an extensive local office network employing about 6,000
experts. Pöyry's net sales in 2014 were EUR 571 million and the company's
shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pöyry Oyj via Globenewswire

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