EVEN announces its 3Q09 Results

Even’s net income increases 152% over 2Q09 to R$51.9 million

Contracted sales in 3Q09 up 72% versus 2Q09, totaling a record volume of R$434.8 million.

São Paulo, November 9, 2009 - Even Construtora e Incorporadora S.A. – EVEN (Bovespa: EVEN3), São Paulo’s* largest builder and developer, with operations in the states of São Paulo, Minas Gerais, Rio de Janeiro and Rio Grande do Sul and a focus on residential developments with units priced up to R$500,000, announces launch and sales data for the third quarter of 2009 (3Q09) and the nine-month period ended on September 30, 2009 (9M09). Except where stated otherwise, the consolidated financial and operating information herein is presented in Brazilian real (R$).

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