EVEN announces its 4Q09 Results

Even’s net income increases 111% from 2008 to R$124.5 million

Record contracted sales of R$1,232.2 million in 2009

São Paulo, March 1, 2010 - Even Construtora e Incorporadora S.A. – EVEN (Bovespa: EVEN3), São Paulo’s largest builder and developer*, with operations in São Paulo, Minas Gerais, Rio de Janeiro and Rio Grande do Sul and a focus on residential developments of up to R$500,000, announces its results of the fourth quarter of 2009 (4Q09) and the fiscal year ended December 31, 2009 (2009). Except where stated otherwise, the consolidated financial and operating information herein is presented in Brazilian real (R$).

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