Conclusion of a construction contract


On February 15, 2007 Eurocon Ukraine LLC, a subsidiary of AS Eesti Ehitus       
registered in Ukraine, and Aeroc LLC signed an agreement for Eurocon Ukraine LLC
to perform the construction works of a gas concrete products factory in Berezan,
Kiev oblast.                                                                    

The works will be performed according to open invoice method and the estimated  
value of the contract will be 27.588 million Ukrainian hryvnias (4.2  million   
euros) excluding VAT. The works will be completed in April 2008.                


Andri Hõbemägi                                                                  
AS Eesti Ehitus                                                                 
Tel: (+372) 6400 450                                                            
E-post: eestiehitus@eestiehitus.ee