NOTICE PURSUANT TO FINNISH SECURITIES MARKET ACT 2:10; EGERTON CAPITAL LIMITED PARTNERSHIP SHAREHOLDINGS IN JAAKKO PÖYRY GROUP


Jaakko Pöyry Group Oyj has been informed on January 15, 2002 that as a result of share trades concluded on November 23, 2001 the holdings of investment funds managed by Egerton Capital Limited Partnership as investment manager, have fallen below 1/20 of the share capital in Jaakko Pöyry Group Oyj.

The exact proportion of voting rights and share capital in Jaakko Pöyry Group Oyj managed by Egerton Capital Limited Partnership were, as of November 23, 2001, as follows:


Shareholder Number of Proportion of Proportion of
shares share capital voting rights
The Egerton Capital
European Fund,
reg. No. 229373 34 402 0.25 % 0.25 %


Egerton Capital
Partners L.P. 83 322 0.60 % 0.60 %


The Egerton
European Dollar
Fund Limited
reg. No. 134400 345 229 2.48 % 2.48 %


The Egerton
European Equity
Fund Limited,
reg. No. 126212 171 194 1.23 % 1.23 %


GAM Equity
(No. 11) Inc.,
reg. No. 31959 51 253 0.37 % 0.37 %


Total 685 400 4.92 % 4.92 %


Holdings managed by Egerton Capital Limited Partnership are, as of January 8, 2002, 0.00 % of the share capital and of the voting rights of the company.

As of November 23, 2001 and as of today, the registered share capital of Jaakko Pöyry Group Oyj comprises a total of 13 932 861 shares, said shares entitling to a total of 13 932 861 votes.

The Business Identity Code of Egerton Limited Partnership is LP4957.

JAAKKO PÖYRY GROUP OYJ


Erkki Pehu-Lehtonen
President and CEO

Teuvo Salminen
Executive Vice President