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Pöyry Awarded EUR 8.9 Million Hydropower Contract in Laos


May 30, 2006

Pöyry’s Energy business group has been commissioned by SouthEast Asia
Energy Limited of Thailand to serve as independent engineer during the
implementation of the Nam Ngum II hydropower scheme. The value of the
assignment amounts to EUR 8.9 million.

The project site is located upstream of the existing Nam Ngum I
hydropower scheme in Laos about 100 km north of the capital Vientiane.
The Nam Ngum II scheme will include a 185 m high concrete faced rockfill
dam and a 600 MW power station. The project will produce electricity for
the Thai power grid and sell all the energy to the Electricity
Generating Authority of Thailand (EGAT).

Pöyry’s Energy business group is a major foreign market player in dam
and hydropower design in South East Asia. It has been associated with
the development of this project since 1994, and has also performed the
technical studies enabling the developer to successfully complete the
power purchase agreement with EGAT. The new hydropower plant will start
supplying energy to the Thai grid in July 2010.

Pöyry is a global consulting and engineering firm focusing on the
energy, forest industry and infrastructure & environment sectors.
Pöyry’s annual net sales amount to about EUR 530 million and it employs
5700 experts.


Erkki Pehu-Lehtonen Teuvo Salminen
President and CEO Deputy to President and CEO

Additional information by:
Knut Sierotzki, Head Hydropower International, Deputy President
Hydropower, Pöyry Energy AG, Zürich, Switzerland
Tel. +41 76 356 2808
Richard Pinnock, President and CEO, Energy Business Group, Zürich,
Tel. +41 76 356 2410

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