Pursuant to Corporate Governance Recommendations Nordecon International AS discloses its financial calendar for the annual period of 2010 regarding financial reporting and other key dates for investors: -------------------------------------------------------------------------------- | Action | DUE | | | WEEK/DATE | -------------------------------------------------------------------------------- | IV quarter and 12 twelve months interim financial statements | 6 (2010) | | 2009 | | -------------------------------------------------------------------------------- | Audited annual report 2009 | 16 (2010) | -------------------------------------------------------------------------------- | Determining of shareholders entitled to participate general | 07 May | | meeting | 2010 | -------------------------------------------------------------------------------- | I quarter 2010 interim financial statements | 19 (2010) | -------------------------------------------------------------------------------- | 2009 general meeting of shareholders | 14 May | | | 2010 | -------------------------------------------------------------------------------- | II quarter and half year 2010 interim financial statements | 32 (2010) | -------------------------------------------------------------------------------- | III quarter 2010 interim financial statements | 45 (2010) | -------------------------------------------------------------------------------- | IV quarter and 12 twelve months interim financial statements | 6 (2011) | | 2010 | | -------------------------------------------------------------------------------- | Audited annual report 2010 | 16 (2011) | -------------------------------------------------------------------------------- | 2010 general meeting of shareholders | 19 (2011) | -------------------------------------------------------------------------------- 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, 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 15 subsidiaries in the Group. The consolidated revenue of the Group in 2009 was 2.4 billion kroons (155 million euros). Currently Nordecon International Group employs nearly 750 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 Finance and Investor Relations Tel: +372 615 4445 Email: raimo.talviste@nordecon.com www.nordecon.com