Abstract: A laminated wall structure, suitable for use in an exterior insulation finish system, comprises the following layers in the order provided: i) a layer of building sheathing; ii) a layer of water-resistant adhesive which substantially completely covers and adheres to said building sheathing; and iii) a layer of thermal insulation adhered to said building sheathing by said water-resistant adhesive. The laminated wall structure, which can be used with all conventional building sheathings, can require less time to construct than known structures.