The Annual General Meeting on March 5, 2003 authorised the Board of Directors to acquire and convey the company's own shares to a maximum of 689 500 shares, which is less than 5 per cent of the company's share capital and of the votes of all shares. The said 689 500 own shares include those 29 900 own shares acquired by the company pursuant to the resolution to authorise the acquisition of own shares made by the Annual General Meeting on March 6, 2002. The Board of Directors decided on March 5, 2003 to exercise the authorisations. The authorisations are valid until the next Annual General Meeting, however not longer than until March 5, 2004.
JAAKKO PÖYRY GROUP OYJ
Erkki Pehu-Lehtonen
President and CEO
Teuvo Salminen
Deputy to President and CEO