SRV Yhtiöt Oyj - Company Announcement

SRV adjusts outlook for 2012

Espoo, Finland, 2012-09-10 13:20 CEST (GLOBE NEWSWIRE) -- SRV GROUP PLC        
                STOCK EXCHANGE RELEASE                               10
SEPTEMBER 2012 AT 14.20 

SRV has lowered the profit margin estimation of three individual fixed price
projects by approximately EUR 3 million and adjusts whole years profit guidance
accordingly. 

The Group's full-year profit before taxes is estimated to be profitable. 
According to the previous guidance full-year profit before taxes was estimated
to exceed the level of the previous year (EUR 10.8 million). However, Group's
full-year revenue is estimated to be at least on a par with the previous year
level (EUR 672.2 million 1-12/2011), as stated in previous guidance. 

SRV's full-year profit can be significantly affected by the timing of sale of
Etmia II office property in Moscow and Derby Business Park in Espoo. The
uncertainty of financing markets has also had a negative effect on real estate
markets. Even if property sales didn't take place during this year, the profit
before taxes for full-year 2012 is estimated to be positive. 

SRV does not change the estimation of housing or business premise markets given
in Q2 interim report. 

SRV Group Plc

Taneli Hassinen
Vice President, Communications and Brand
Tel. +358 40 504 3321