Extremely premature babies bear the highest risk for significant mortality and morbidity. This study was performed to evaluate the hypothesis that birth in, or transfer to, designated referral centers can lead to lower mortality and morbidity rates among survivors of early preterm birth. For all births at 22 to 26 weeks’ gestation in all 182 maternity hospitals in England during 2006, data were obtained on place of maternal booking and delivery for all live births. Neonatal transfers and major neonatal morbidities to discharge from hospital were assessed. A neonatal unit was categorized as level 1, 2, or 3. Level 1 services were hospitals that transfer any woman whose baby was expected to need intensive care, level 2 services transfer women expected to deliver at less than 27 weeks, and level 3 services provide complete medical neonatal intensive care. An antenatal transfer was any transfer to a level 3 service between booking and delivery; neonatal transfers occurred within 24 hours of birth. Outcomes to discharge were compared between level 3 and level 2 services, with and without transfers, and by activity level of level 3 neonatal units. Odds ratios (ORs) were adjusted for gestation and birth weight. A total of 52, 84, and 46 hospitals had level 1, 2, and 3 units, respectively. Of 2460 live births, 244 (9.9%) occurred in level 1, 829 (33.7%) occurred in level 2, and 1387 (56.4%) occurred in level 3 services. In total, 382 women were transferred to level 3 services before birth (440 fetuses) and 288 babies were neonatal transfers within 24 hours. Rates for stillbirths and delivery room deaths were 23% and 42% in level 3 and level 1 services, respectively. Mortality was lower in level 3 compared with level 2 services (OR, 0.65; 95% confidence interval [CI], 0.55–0.78). The transferred babies had lower mortality compared with those who were booked and were born in either level 3 or level 2 services (crude ORs, 1.48; 95% CI, 1.26–1.75, and 2.21; 95% CI, 1.87–2.61, respectively; P < 0.001 for both). After adjustment, babies born to mothers who were not transferred from a level 2 service had increased odds of death compared with those who were transferred (adjusted OR [aOR], 1.44; 95% CI, 1.09–1.90). No difference in survival was found between those transferred antenatally to and those booked and born in level 3 services (aOR, 1.08; 95% CI, 0.83–1.41). Survival rates at hospital discharge were 36.8% and 47.2% in level 2 and 3 services, respectively. After adjustment, only fetal and early neonatal deaths (aOR, 0.59; 95% CI, 0.46–0.75) as well as overall mortality remained statistically significant. For the women who were not transferred to a level 3 service, the aOR was 1.52 (95% CI, 1.03–2.26) for fetal antenatal death and 1.49 (95% CI, 1.10–2.02) for overall early neonatal death. The rates for survivors without morbidity were 11% and 8% for level 3 and 2 services, respectively. Neonatal survival was improved for extremely premature babies treated in level 3 services in England. Hospital expertise and activity are important factors in improved outcomes for high-risk pregnancies with threatened extremely preterm birth.