The council of Nordecon International AS decided on its meeting (10 September 2010) to ratify the changes proposed by the management board in Group's strategy. The council decided that the changes in the strategy apply for the period 2010-2013. Thus the council prolonged the period by one year compared to the initial proposal by the management board. The assumptions behind the changes as well as the key points of the renewed strategy as proposed by the management have been made public in Nordecon International report for the second quarter and six months ended 30 June 2010 (pages 3-4). The above mentioned report can be obtained from Nordecon International web page www.nordecon.com and NASDAQ OMX Tallinn Stock Exchange web page http://www.nasdaqomxbaltic.com/market/?instrument=EE3100039496&list=2¤cy=E UR&pg=details&tab=reports&lang=en Nordecon International is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Ukraine and Finland. 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