Notice pursuant to Finnish Securities Markets Act 2:10; Grantham, Mayo, Van Otterloo & Co.'s shareholdings in Jaakko Pöyry Group Oyj


Jaakko Pöyry Group Oyj has been informed on December 4, 2003 that as a result of transactions concluded on December 1, 2003 the total holdings of funds under the management of Grantham, Mayo, Van Otterloo & Co. LLC have increased to above 1/20 of the share capital in Jaakko Pöyry Group Oyj.
 
The holding of funds under the management of Grantham, Mayo, Van Otterloo & Co. LLC, 40 Rowes Wharf, Boston, MA 02210, USA, amount to 697 474 shares, i.e. 5.01 per cent of voting rights in Jaakko Pöyry Group Oyj as of December 5, 2003.
 
The registered share capital of Jaakko Pöyry Group Oyj comprises a total of 13 930 551 shares entitling to a total of 13 930 551 votes.
 
JAAKKO PÖYRY GROUP OYJ
 
Erkki Pehu-Lehtonen               
President and CEO
 
Teuvo Salminen
Deputy to President and CEO