Kaurits OÜ, a Nordecon Group company entered into a contract with AS EG Ehitus (the leading partner in consortium with AS Scanweld and UAB Alvora) for carrying out the soil works of the Balticconnector gas pipeline’s onshore section between Kiili and Paldiski in the length of 53 km.

The value of the contract is 4.7 million euros plus value added tax. The construction is set to begin in July this year and will be completed in September 2019.

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 2017 was 231 million euros. Currently Nordecon Group employs close to 700 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 w ww.nordecon.com