Pursuant to NASDAQ OMX Tallinn Stock Exchange Corporate Governance Recommendations Eesti Ehitus discloses its financial calendar for the annual period of 2008: -------------------------------------------------------------------------------- | Event | Week | -------------------------------------------------------------------------------- | IV quarter and 12 twelve months interim financial statements | 6 (2008) | | 2007 | | -------------------------------------------------------------------------------- | Audited annual report 2007 | 16 (2008) | -------------------------------------------------------------------------------- | Determining of shareholders entitled to participate general | 18 (2008) | | meeting | | -------------------------------------------------------------------------------- | I quarter 2008 interim financial statements | 19 (2008) | -------------------------------------------------------------------------------- | 2007 general meeting of shareholders | 20 (2008) | -------------------------------------------------------------------------------- | Determining of shareholders entitled to dividends for 2007 | 22 (2008) | -------------------------------------------------------------------------------- | Payment of dividends for 2007 at the latest | 24 (2008) | -------------------------------------------------------------------------------- | II quarter and half year 2008 interim financial statements | 33 (2008) | -------------------------------------------------------------------------------- | III quarter 2008 interim financial statements | 46 (2008) | -------------------------------------------------------------------------------- | IV quarter and 12 twelve months interim financial statements | 6 (2009) | | 2008 | | -------------------------------------------------------------------------------- | Audited annual report 2008 | 16 (2009) | -------------------------------------------------------------------------------- | Notice of summoning the general meeting of shareholders for | 16 (2009) | | 2008 | | -------------------------------------------------------------------------------- | 2008 general meeting of shareholders | 20 (2009) | -------------------------------------------------------------------------------- Eesti Ehitus is a group of construction companies whose core business is general contracting and construction management in the construction of buildings and structures in Estonia, Latvia, Lithuania and Ukraine. In addition, in Estonia our companies act as independent contractors in road construction and maintenance, environmental engineering, the assembly of reinforced concrete elements, and the performance of cast-on-site concrete works. The parent of the Group is AS Eesti Ehitus, a company registered and located in Tallinn, Estonia. In addition to the parent company, there are more than 20 subsidiaries in the Group. The consolidated revenue of the Group in 2007 was 3,8 billion kroons (240 million euros) and the consolidated net profit was 290 million kroons (19 million euros). AS Eesti Ehitus Group employs more than 1100 people. Since 18 May 2006, the company's shares have been quoted in the main list of the NASDAQ OMX Tallinn Stock Exchange. 1 EUR = 15,6466 EEK Raimo Talviste AS Eesti Ehitus Head of Investor Relations Tel: +372 6400 450 Email: raimo.talviste@eestiehitus.ee www.eestiehitus.ee