Nordecon International AS subsidiary OÜ Mapri Projekt (Group's shareholding 52 per cent) shareholders decided to change the current business name of the company. The new business name is Nordecon Betoon OÜ. Name change does not constitute changes in operations. General contact information will remain unchanged. Email addresses will be in form name.surname@nordecon.com. The name change in subsidiary was made as part of Nordecon International Group strategy for years 2009-2010. The strategy for the period foresees developing a uniform organisational culture and identity for the Group. Nordecon International Group strategy is disclosed in annual report 2008 (http://www.nasdaqomxbaltic.com/upload/reports/ncn/2008_yb_en_uni.pdf) and is also made available on website www.nordecon.com. 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 Nordecon International AS, 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