Pursuant to Jaakko Pöyry Group Oyj's Bond Loan with Warrants of 1998, 36 350 shares subscribed with the warrants have been registered in the Trade Register on December 19, 2003. As a result of the subscriptions, the company's registered share capital was increased by EUR 36 350 from EUR 13 930 551 to EUR 13 966 901 and the total amount of authorized shares increased to 13 966 901. The new shares entitle to dividends for the financial year 2003 and to all other shareholders' rights as of the registration date December 19, 2003.
The new shares will be joined to the old shares and are available for public trading on the main list of the Helsinki Exchanges on December 22, 2003. A total of 605 915 shares have been subscribed with warrants on December 19, 2003.
JAAKKO PÖYRY GROUP OYJ
Erkki Pehu-Lehtonen
President and CEO
Teuvo Salminen
Deputy to President and CEO