New Orders For BWG Homes July 200

BWG Homes ASA (Oslo 1 August 2008) BWG Homes ASA secured a total net order intake of NOK 106.5 million during July, compared with NOK 86.0 million for July 2007, an increase of 23.8 percent. The net order intake in July for segment Norway was NOK 62.8 million (28.1 million), up 123.8 per cent. The net order intake in July for segment Sweden was NOK 43.7 million (NOK 58.0 million), down 24.6 per cent.

The total net order intake per July 2008: BWG Homes ASA totals NOK: 1 698.3 million, down 15.4 per cent. Segment Norway: NOK 854.1 million, up 5.9 per cent. Segment Sweden: NOK 844.3 million, down 29.8 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/1239834/265676.pdf

BWG Homes ASA

http://www.bwghomes.no

ISIN: NO0010298300

Stock Identifier: XOSL.BWG