Conclusion of a construction contract


On March 4, 2008, AS Eesti Ehitus and AS Tallinna Sadam (Port of Tallinn)      
signed an agreement for AS Eesti Ehitus to perform the projection and
construction works of quays no 8 and 9 in Paldiski Port. 
Price of the contract is EEK 316,363,000 (EUR 20,219,281) excluding VAT 18%.
Works are to be completed in May 2009.

Sulev Luiga
CFO
+372 6400448
e-post: eestiehitus@eestiehitus.ee