Pöyry Exercises Authority to Acquire Own Shares and Continues Shares Buyback - Global Paper Money

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Pöyry Exercises Authority to Acquire Own Shares and Continues Shares Buyback

Vantaa, Finland, 10 March 2008 -- The board of directors of Pöyry PLC resolved on 10 March 2008 to exercise the authorization by the Annual General Meeting on 10 March 2008 to acquire the company's own shares and to continue the share buyback for the implementation of an incentive plan for key personnel of Pöyry. Based on the resolutions of the board of directors today and as announced on 06 February 2008, a total maximum of 400,000 shares may be acquired.

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. Shares can be acquired until 10 September 2008. The buyback of the shares will continue as of 11 March 2008.

The company has announced the incentive plan and the share buyback with stock exhange notices issued on 11 December 2008 and 06 February 2008.

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