Even reaches 68% of its launch guidance for the year with SOS of 25% in 3Q11

Even launches R$448 million and sells R$370 million in 3Q11, reaching 68% of the launch guidance for 2011

Sales-over-supply ratio (SOS) of 25% in the quarter

São Paulo, October 17, 2011 – Even Construtora e Incorporadora S.A. – EVEN (BM&FBovespa: EVEN3), a 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, hereby announces preliminary and unaudited data for its launches, sales and land acquisitions in the third quarter of 2011.

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