THE OFFER PRICE FOR SRV GROUP PLC SET AT EUR 9.00 Not for release, publication or distribution, in whole or in part, in or into the United States, Canada, Australia or Japan. The Board of Directors of SRV Group Plc (“SRV” or “the Company”) has decided that SRV will issue a total of 11 500 000 of its shares in its initial public offering. In addition, the Company issues 1,500,000 shares (“Additional Share Option”) to SEB Enskilda to cover over-allotments. The shares to be issued represent approximately 33.3 per cent of the total number of shares in SRV after the offering, including the Additional Share Option. Both the institutional offering and the retail offering have been priced at EUR 9.00 per share. The price for the employee offering is 8.10 per share. The gross proceeds to SRV from the offering will altogether, including the Additional Share Option, be approximately EUR 117 million and the net proceeds after deduction of commissions and fees related to the transaction will be approximately EUR 112 million. SRV intends to use the proceeds from the Offering to further develop its operations primarily through (i) increasing the share of developer contracting and development projects both in residential and non-residential construction, and (ii) accelerating the expansion of its international business particularly in Russia. The Company may also consider using the proceeds to enter new geographical markets or to finance acquisitions of new businesses or companies within its present geographical markets. According to initial terms the institutional offering comprised 10,500,000 shares, the retail offering 700,000 shares and the employee offering 300,000 shares. It has been decided on June 11, 2007 by the Board of Directors that 9,907,300 shares will be allocated to institutional investors, 1,150,000 shares to retail investors and 442,700 to the employees of the Company. Based on the share allocation the institutional offering was approximately 8.1 times subscribed and the retail offering was approximately 4.6 times subscribed. The employee offering was fully subscribed. In total 6,400 investors participated in the offering. Approximately 54 per cent of the demand in the institutional offering came from Finnish investors and approximately 46 per cent from international investors. In the retail offering, subscription commitments were accepted as follows: For commitments of 200-300 shares, investors in the retail offering will be allocated 110 shares. For commitments of 400-1,800 shares, investors in the retail offering will be allocated 200 shares, and for commitments of over 1,800 shares, investors will be allocated approximately 11 per cent of the amount subscribed for. In the employee offering, subscription commitments will be fully accepted. Participants in the retail and employee offering will be sent a confirmation of accepted subscriptions on or about June 18, 2007. Excess payments made in connection with the subscription commitments will be returned to investors on or about June 15, 2007. The listing of shares of SRV is scheduled to commence on the Pre-List of the Helsinki Stock Exchange on or about June 12, 2007 and on the Official List on or about June 15, 2007. The shareholders' meetings of SRV Henkilöstö Oy and SRV have approved the merger of SRV Henkilöstö Oy into SRV (the “Merger”). One shareholder of SRV Henkilöstö Oy has required that his 300 shares be redeemed (representing 0.05 per cent of all shares in SRV Henkilöstö Oy). In connection with the Merger, the Company will issue up to 10,200,889 shares as merger consideration at the final offer price in the institutional and retail offerings. The Company will use offering proceeds to repay a loan of EUR 20.8 million, which will be transferred to it in connection with the Merger. This has been taken into account in the amount of the merger consideration. In connection with the Merger, SRV will receive 12,512,000 shares in SRV held by SRV Henkilöstö Oy. SRV will cancel the own shares it receives in the merger. The planned completion date for the merger is September 30, 2007. SRV Group Plc Eero Heliövaara CEO Distribution: Helsinki Stock Exchange For further information please contact: SRV Group Plc Eero Heliövaara, CEO, tel. +358 (0)20 1455 202 This document is not a prospectus and as such does not constitute an offer to sell securities. Investors should not subscribe for any securities referred to in this document, except on the basis of the information contained in a prospectus. Offers will not be made directly or indirectly in any jurisdiction where prohibited by applicable law or where any registration or prospectus or other requirements would apply in addition to those undertaken in Finland. These materials are not an offer for sale of securities in the United States or in any jurisdiction of the European Economic Area. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. SRV Group Plc has not registered, and does not intend to register, any portion of any offering of its securities in the United States, and does not intend to conduct a public offering of its securities in the United States. This press release may not be distributed or sent into the United States, Australia, Canada or Japan. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as (“Relevant persons”). The offer shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such offer shares will be engaged in only with, Relevant persons. Any person who is not a Relevant person should not act or rely on this press release or any of its contents. This press release is an advertisement for the purposes of applicable measures implementing Directive 2003/71/EC (such Directive, together with any applicable implementing measures in the relevant home Member State under such Directive, the (“Prospectus Directive”). Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA Member State that has implemented Prospectus Directive is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive. This press release includes forward-looking statements. These forward-looking statements include all matters that are not historical facts, statements regarding SRV's intentions, beliefs or current expectations concerning, among other things the SRV's results of operations, financial condition, liquidity, prospects, growth, strategies and the industry in which SRV operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, and speak only as of the date they are made. SRV cautions you that forward-looking statements are not guarantees of future performance and that its actual results of operations, financial condition and liquidity and the development of the industry in which SRV operates may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, even if SRV's results of operations, financial condition and liquidity and the development of the industry in which SRV operates are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. SRV does not undertake any obligation to review or confirm expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this press release. Stabilisation / The Financial Services Authority (FSA), United Kingdom