Construction contract (LvivTech.City office buildi

Eurocon Ukraine TOV, a subsidiary of Nordecon AS registered in Ukraine, and Lviv Standartbud Limited Liability Company concluded a contract for the construction of a 6-storey office building in the innovation park LvivTech.City in Lviv. The building will have a total surface area of 17,800 m ² and will meet the requirements of the LEED Gold certificate. The contract value is around 8.1 million euros (including VAT). The construction will be completed in September 2018. Nordecon ( www.nordecon.com ) 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, Finland and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2016 was 183 million euros. Currently Nordecon Group employs close to 740 people. Since 18 May 2006 the company's shares have been quoted in the main list of the NASDAQ Tallinn Stock Exchange.

         Andri Hõbemägi          Nordecon AS          Head of Investor Relations          Tel: +372 6272 022          E-mail: andri.hobemagi@nordecon.com          www.nordecon.com