BWG Homes ASA (OSL:BWG) New Orders For BWG Homes August 2008

BWG Homes ASA (OSL:BWG) (Oslo 1 September 2008) BWG Homes ASA secured a total net order intake of NOK 198.2 million during August, compared with NOK 307.6 million for August 2007, a decrease of 35.6 percent. The net order intake in August for segment Norway was NOK 74.7 million (165.4 million), down 54.8 per cent. The net order intake in August for segment Sweden was NOK 123.5 million (NOK 142.2 million), down 13.1 per cent.

The total net order intake per August 2008: BWG Homes ASA totals NOK: 1 896.5 million, down 18.1 per cent. Segment Norway: NOK 928.8 million, down 4.4 per cent. Segment Sweden: NOK 967.8 million, down 28.0 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: Lars Nilsen, CEO, BWG Homes ASA, tel: +47 23 24 60 00 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 1 270 employees. In 2007 the pro forma turnover was NOK 3.2 billion.



LINK: http://hugin.info/136346/R/1247649/270287.pdf

BWG Homes ASA

http://www.bwghomes.no

ISIN: NO0010298300

Stock Identifier: XOSL.BWG