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2016-02-08

Pöyry Oyj: Pöyry signs new frame agreement with Svenska kraftnät

PÖYRY PLC Press Release 8 February 2016 2.00 pm (EET)

Pöyry signs new frame agreement with Svenska kraftnät

Svenska kraftnät, the Swedish National Grid, have signed a new frame agreement
with Pöyry, covering technical consultancy services. There is no call off
amount guarantee, but according to Svenska kraftnät SEK 500 million (EUR 50
million) will be purchased annually through this frame agreement, allocated
to 21 consultancy suppliers. Out of these 21 suppliers, Pöyry is one of the
few companies that qualified for all 4 packages: construction and project
management; EHSQ; land and permits; and other areas of expertise in power
transmission and distribution.

The agreement is valid for three years, from 2016 to 2018, with Svenska
kraftnät having the option of two one-year extensions (for 2019 and 2020).

"Pöyry is a proven and expert supplier of technical consultancy services, and
we are extremely happy to renew our position as a trusted partner in
delivering safe, reliable and environmentally friendly solutions for Svenska
kraftnät," says Johan Jalvemo, Pöyry's Head of Transmission&Distribution in
Sweden.

For more information, please contact:

Johan Jalvemo
Head of Transmission&Distribution, Sweden
Tel +46 76 76 96 415

Anja Silvennoinen
President, Energy Business Group
Tel +358 40 76 00 824

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 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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