EVEN announces its 4Q07 Results

São Paulo, March 10, 2008 – Even Construtora e Incorporadora S.A. – EVEN (Bovespa: EVEN3), one of the largest developers and contractors in Brazil, with a focus on residential projects targeting the emerging, middle- and upper-middle-income segments, announces its results for the fourth quarter of 2007 (4Q07). Except where stated otherwise, the financial and operating information herein is presented in Brazilian Reais (R$) and in accordance with Brazilian Accounting Practices.

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