Eastern European Markets
January 10, 2006

Honkarakenne receives an additional order
to Kazakhstan and single-family homes to the Ural

Honkarakenne Oyj has received a 3.0 million additional order to the delivery contract for 100 homes to Kazakhstan. The original contract was signed last summer. The deliveries that started last autumn will continue until the spring. The new order will extend the delivery contents of the existing project, and the total value of the deal will amount to approximately 11 million euros.

The first stage of the leisure-time centre to be built in northern Kazakhstan is part of a bigger project, in which 350 houses are to be built in the area during the next few years. The area will also include some central buildings, and Honkarakenne has started negotiations on their delivery.

The cooperation agreement for the Ural area in Russia was signed between the local client, Honkarakenne and Honkarakenne's Russian representative. The first phase of the agreement includes the delivery of 20 houses in 2007. The total value of the delivery stands at EUR 3.0 million, and it is part of the 100-house overall project for the area.

Further information:
President and CEO Esko Teerikorpi
tel. +358 20 575 7816 or
mobile +358 40 580 6111.

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