New Orders For BWG Homes June 2008

BWG Homes ASA (Oslo 1 July 2008) BWG Homes ASA secured a total net order intake of NOK 260.1 million during June, compared with NOK 372.0 million for May 2007, a decrease of 30.1 percent. The net order intake in June for segment Norway was NOK 133.0 million (132.5 million), up 0.4 per cent. The net order intake in June for segment Sweden was NOK 127.1 million (NOK 239.5 million), down 46.9 per cent.

The total net order intake 2nd quarter 2008: BWG Homes ASA totals NOK: 855.7 million, down 13.8 per cent. Segment Norway: NOK 424.4 million, up 19.6 per cent. Segment Sweden: NOK 431.3 million, down 32.3 per cent.

The total net order intake 1 half 2008: BWG Homes ASA totals NOK: 1 591.8 million, down 17.2 per cent. Segment Norway: NOK 791.3 million, up 1.7 per cent. Segment Sweden: NOK 800.5 million, down 30.0 per cent.

See also monthly development at http://www.bwghomes.no/en/Investors-relations/Financial-info/New-orders/ and enclosed graph "New orders per month" from 2006 till date.

Further information from: Ketil Kvalvik, CFO, BWG Homes ASA, tel: +47 23 24 60 42, +47 90 77 13 15

BWG Homes develops, sells and constructs residential homes in the Nordic region. The present brands owned by the group are Block Watne and Hetlandhus in Norway, Myresjöhus and SmålandsVillan in Sweden. BWG Homes sells and constructs homes through own residential projects and for individual customers. Ranked as a leading residential house builder in its markets, the group annually completes more than 2 000 new homes. BWG Homes has 1 360 employees. In 2007 the pro forma turnover was NOK 3.2 billion.



LINK: http://hugin.info/136346/R/1232582/262210.pdf

BWG Homes ASA

http://www.bwghomes.no

ISIN: NO0010298300

Stock Identifier: XOSL.BWG