SRV expands to Northern Finland


SRV Group PLc       Press release     9 January 2008 

                                           
SRV's housing and regional business area will establish regional office in Oulu.
SRV Northern Finland will start its operations on 1 March 2008.                 

- We consider Oulu to be one of the fastest developing cities in Finland, and we
want to be part of the building activities in this area, says Juha-Veikko       
Nikulainen, SRV's executive vice president, housing and regional operations. SRV
has created well-designed concepts for residential construction, and we want to 
utilise these also in the Oulu region, says Nikulainen.                         

In addition to housing projects, SRV's operations in Oulu include other         
construction projects and contracting. The company has already concluded some   
agreements for land areas in Oulu. SRV is also taking part in the developing of 
the Western Toppila area.                                                       

Kimmo Hummasti has been appointed area manager of SRV Northern Finland. The head
office in Helsinki will collaborate with the new office on cost estimation,     
purchasing and administration.                                                  

Further information:                                                            
Juha-Veikko Nikulainen, SRV, executive vice president, housing and regional     
operations, tel. +358 201 45 5301