Pöyry Oyj : Pöyry appointed to deliver EPCM services for concentrating plant expansion project at Kittilä gold mine

 Pöyry Oyj : Pöyry appointed to deliver EPCM services for concentrating plant
                    expansion project at Kittilä gold mine

PÖYRY PLC Press release 17 May 2013 at 11:30 am

Agnico-Eagle Finland Oy has awarded Pöyry a services contract, for the
expansion project for the concentrating plant and leaching process at Kittilä
gold mine. The contract is for the provision of a total EPCM service and Pöyry
will be responsible for project management, engineering and procurement and
construction management. The project is an expansion to the existing
operational mine. Pöyry also provided engineering and construction management
services for the initial development of the existing concentrating plant.
Locally, the project will employ around 100 people at the construction stage
and 30 people in the concentrating process.

The Agnico-Eagle Kittilä mine is one of the largest known gold deposits in
Europe, with a gold reserve of nearly 5 million ounces. Currently, the mine
employs 400 people and 180 contractors. The Kittilä mine area contains several
open pit deposits and deep-lying ore is excavated from an underground mine.
The mine processes 3,000 tons of ore per day, and is expected to produce
approximately 150,000 ounces of gold per year. The gold is separated from the
ore by pressure leaching. The expansion will increase the production by 25 per
cent.

Pöyry has extensive global experience of executing demanding projects. For the
mining industry, we deliver consulting, engineering and project services, as
well as ongoing operational services for the mine itself. Services include
mine feasibility, environmental impact, geology and beneficiation of ore.

The value of the order is not disclosed. The order was recognised within the
Industry business group's order stock in Q1/2013.

PÖYRY PLC

Additional information:

Kari Föhr
Vice President, Mining & Metals, Europe, Pöyry
Tel. +358 10334 9020

Pöyry is an international consulting and engineering company. We serve clients
globally across the energy and industrial sectors and locally in our core
markets. We deliver strategic advisory and engineering services, underpinned
by strong project implementation capability and expertise. Our focus sectors
are power generation, transmission & distribution, forest industry, chemicals
& biorefining, mining & metals, transportation, water and real estate sectors.
Pöyry has an extensive local office network employing about 6,500 experts.
Pöyry's net sales in 2012 were EUR 775 million and the company's shares are
quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

DISTRIBUTION:
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www.poyry.com

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Source: Pöyry Oyj via Thomson Reuters ONE
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