Decision of Helsinki Court of Appeal favourable to SRV
SRV GROUP PLC STOCK EXCHANGE RELEASE 6 MARCH.2008
Helsinki Court of Appeal has today announced its decision on the dispute between
SRV Viitoset Oy (now SRV Business Premises Ltd), which belongs to SRV Group, and
F-Secure Corporation. The dispute is about the interior works done during the
construction and if they are covered by the original rental agreement.
Helsinki Court of Appeal did not revise the decision by Helsinki District Court,
which stated that the construction work is not covered by the original rental
agreement. According to the Court decision F-Secure is sentenced to pay
according to SRV's demand EUR 793 230.53 and the costs of the trial plus
interest to SRV
The financial impact pursuant to the decision on SRV's operating profit is about
EUR 0.7 million and about EUR 1.2 million on profit before taxes, if the
decision remains valid.
SRV Group Plc
Eero Heliövaara
President and CEO
Further information:
SRV Group Plc
Marja Sarnela, Chief Legal Counsel, tel +358 20 145 5207
Distribution
Helsinki Stock Exchange
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