SRV Yhtiöt Oyj - Company Announcement

SRV initiates legal proceedings against Auroratalo Oy and HDL-Talot Oy

Espoo, Finland, 2013-06-28 12:35 CEST (GLOBE NEWSWIRE) -- SRV GROUP PLC    
STOCK EXCHANGE RELEASE     28 JUNE 2013 

SRV Rakennus Oy has initiated legal proceedings against Auroratalo Oy and
HDL-Talot Oy. The dispute between the parties concerns construction costs as
well as Auroratalo Oy's and HDL-Talot Oy's payment obligation as a client in a
project management contract performed by SRV Rakennus Oy. The dispute is based
on a renovation and new construction contract of the Auroratalo building, which
is owned by the clients. Both Auroratalo Oy and HDL-Talot Oy belong to the
Helsinki Deaconess Institute Foundation Group. 

The value of the dispute, including value-added tax, is approximately EUR 4.4
million. 

SRV Group Plc
Taneli Hassinen
Vice President, Communications
Tel. +358 40 504 3321
taneli.hassinen@srv.fi