Construction contract (Construction of roads and bridges of the Defence Forces central training area)

Tariston AS, a Nordecon Group company entered into a contract with the Centre for Defence Investment (ECDI) for the construction of roads and bridges of the Defence Forces central training area which includes the construction of 29 km of new roads, including 5.2 km of crawler lanes, four bridges and a water barrier crossing training area. Also, the first ford with concrete bed in the country will be built.

The value of the contract is approximately 4 million euros plus value added tax. The construction is set to begin in July this year and will be completed in July 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
www.nordecon.com