EVEN announces its 3Q08 Results

Even reports net income growth of 63% year on year in the first nine months of 2008

Net income in the nine months of R$55.9 million

São Paulo, November 12, 2008 – Even Construtora e Incorporadora S.A. – EVEN (Bovespa: EVEN3), one of the Brazil´s largest builders and developers focused on residential and commercial projects targeting the affordable, emerging, middle and upper middle income segments, announces its results for the third quarter of 2008 (3Q08) and the nine-month period ended September 30, 2008 (9M08). Except where stated otherwise, the consolidated financial and operating information herein is presented in Brazilian real (R$).

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