SRV Yhtiöt Oyj - Company Announcement

SRV carried out the sale of Kamppi Luola Oy

Espoo, Finland, 2012-02-16 11:41 CET (GLOBE NEWSWIRE) -- SRV GROUP PLC   STOCK
EXCHANGE RELEASE   16 February 2012, at 12:40 

SRV Construction Ltd has today carried out the sale of the entire capital stock
of Kampin Luola Oy to the Local Government Pensions Institution (Keva). Kampin
Luola is the P-City underground parking facility located below the Kamppi
Centre in Helsinki and it has around 500 parking places. Parties agreed on the
arrangement in December, and it was conditional on a decision relating to the
project by the City of Helsinki's Real Estate Committee, which was made last
Thursday 9 February 2012. 

The transaction is part of a contractual arrangement, covering the sale of
around 1,500 parking places, in which the capital stocks of Oy Kamppiparkki Ab
and of Simonaukion Pysäköinti Oy, owned by the City of Helsinki, will also be
sold.  At the same time, SRV is also selling its holding, granting entitlement
to 100 parking places, in Oy Kamppiparkki Ab, which manages the Forum P parking
facility. 

SRV's share of contract's total value is approximately EUR 32 million.



SRV Group Plc

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

Further information:
Juha Pekka Ojala, SRV, Senior Executive Vice President, tel. +358 40 733 4173
Kimmo Kurki, SRV, Production Director, tel. +358 40 705 7266