CORRECTION: Change in Management Board, Nordecon AS

4/30/2012 10:30 AM EST 

Nordecon
Changes board/management/auditors

CORRECTION: Change in Management Board, Nordecon AS

Tallinn, Estonia, 2012-04-30 16:30 CEST (GLOBE NEWSWIRE) -- The council decided
on the 30 April 2012 meeting to recall Nordecon AS management board member
Marko Raudsik as of 1 May 2012. 

Nordecon AS had released the preliminary information on 9 April 2012:

https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=499
865&messageId=612999 



Nordecon 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 AS, a company registered and
located in Tallinn, Estonia. In addition to the parent company, there are more
than 10 subsidiaries in the Group. The consolidated revenue of the Group in
2011 was 147.8 million euros. Currently Nordecon Group employs more than 700
people. Since 18 May 2006 the company's shares have been quoted in the main
list of the NASDAQ OMX Tallinn Stock Exchange. 


         Raimo Talviste
         Nordecon AS
         Head of Finance and Investor Relations
         Tel: +372 615 4445
         Email:  
         www.nordecon.com
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CORRECTION: Change in Management Board, Nordecon AS