Merko Ehitus                   ANNOUNCEMENT                     02.12.2004



Concluding a contract



AS Worldwide Invest and AS Merko Ehitus concluded a contract for design-

and construction works of the 5-storey office building at 4a Jõe Street,

Tallinn. Price of the building is EUR 4 656 756 and completion time for

the works is set on autumn 2005.





Marko Pern

Financist

+372 6 805 130