SRV signs contract for the construction of Helsinki Music Centre


SRV GROUP PLC STOCK EXCHANGE RELEASE JUNE 24, 2008 8:30 A.M. EET                
              

SRV and Kiinteistöosakeyhtiö Helsingin Musiikkitalo have signed a contract for  
the construction of the Helsinki Music Centre. The contract is valued at EUR    
90.5 million.                                                                   

The total cost of the Helsinki Music Centre is estimated at EUR 140 million.    
Construction works will begin this autumn. The Music Centre is scheduled to be  
completed at the end of April 2011.                                             
                                                                                
“It's a great honour for SRV to be given the chance to construct such a landmark
building in the capital city centre. The implementation method chosen for the   
project - the open project management model - enables cost-effective            
construction and employment of hundreds of subcontractors. The current          
construction business environment also facilitates efficient completion of the  
project and makes it financially even more lucrative for SRV,” says Eero        
Heliövaara, CEO of SRV.                                                         

SRV Group Plc                                                                   
                                                                                
Eero Heliövaara                                                                 
CEO                                                                             

Further information:                                                            
Eero Heliövaara, CEO, tel. +358 201 455 200                                     

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OMX Nordic Exchange in Helsinki                                                 
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