SRV Yhtiöt Oyj - Company Announcement

SRV INITIATES ARBITRATION PROCEEDINGS AGAINST REAL ESTATE COMPANY ESPOONTORI

Espoo, Finland, 2011-09-09 14:00 CEST (GLOBE NEWSWIRE) -- SRV GROUP PLC STOCK
EXCHANGE RELEASE 09.9.2011  KLO  15.00 

SRV Construction Ltd initiates arbitration proceedings against real estate
company Espoontori. The dispute between concerned parties relates to
construction expenses and real estate company Espoontori's obligation as a
client to make the payments required by SRV Construction Ltd as project
management contractor. Contract between parties relates to renovation of
Espoontori shopping center. Real estate company Espoontori is owned by Citycon
Oyj. 

Financial value of the dispute is about EUR 4,6 million (VAT included).

SRV Group Plc
Taneli Hassinen
Director, Communications and Marketing
Tel. +358 40 504 3321
taneli.hassinen@srv.fi