The council of AS Nordecon International approved on 15 April 2009 the annual report and profit allocation proposal for the year 2008 of AS Nordecon International. The council decided to present the annual report and profit allocation proposal as prepared by the management for the approval of the general meeting of shareholders. The management has made a proposal for the general meeting of the shareholders to pay dividends 1 kroon (0.06 euros) per share for the year 2008 and to increase capital reserve by 5,212 thousand kroons (333 thousand euros). The audited annual report for 2008 is made available on NASDAQ OMX Tallinn Stock Exchange's and issuer's web page www.nordecon.com. The report can also be read in issuer's location on Pärnu mnt 158/1, Tallinn. Nordecon International is a group of construction companies whose core business is general contracting and construction management in the construction of buildings and infrastructures 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 Nordecon International, 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 2008 was 3.9 billion kroons (247 million euros) and the consolidated net profit was 171 million kroons (11 million euros). Nordecon International Group employs more than 1,100 people. Since 18 May 2006, the company's shares have been quoted in the main list of the NASDAQ OMX Tallinn Stock Exchange. 1 euro = 15.6466 kroons Raimo Talviste Nordecon International AS Head of Investor Relations Tel: +372 615 4445 Email: raimo.talviste@nordecon.com www.nordecon.com