EVEN announces its 3Q10 Results

EVEN ANNOUNCES ITS 3Q10 RESULTS

Even Sells R$1.628 Billion in the 9M10, with a Sales-Over-Supply Ratio of 37% in 3Q10

ROE in last 12 months of 19.8%

São Paulo, november 8, 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$500,000, announces its results of the third quarter of 2010 (3Q10). Except where stated otherwise, the consolidated financial and operating information herein is presented in Brazilian real (R$).

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