EVEN ANNOUNCES ITS 2Q10 RESULTS

EVEN ANNOUNCES ITS 2Q10 RESULTS

Even Sells R$1.026 Billion in the Half Year, with a Sales- Over-Supply Ratio of 36% in 2Q10

ROE in last 12 months of 18.5%

São Paulo, August 9, 2010 – Even Construtora e Incorporadora S.A. – EVEN (Bovespa: EVEN3), 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$500,000, announces launch and sales data for the first quarter of 2010 (1Q10). Except where stated otherwise, the consolidated financial and operating information herein is presented in Brazilian real (R$).

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