Year End Report for New Wave Group AB (publ)

The profit for the fourth quarter increased by SEK 19.6 M to SEK 131.6 (112.0) M

– Sales increased by 33 % to SEK 3 059 (2 302) M during January – December. – Profit after net finance increased by SEK 19.8 M to SEK 254.0 (234.2) M. – Profit after tax increased to SEK 206.7 (172.9) M and profit per share increased to SEK 3.22 (2.80). – Acquired units (Dahetra, Orrefors Kosta Boda and Intraco) contributed to the result with SEK 30.1 M. – The total cost for new establishments amounted to SEK 32 M. – New Wave’s factory in China has been closed down due to changed conditions, among others that quotas have been reintroduced on exports from China. Once-for-all costs of totally SEK 6.0 M have been taken during the fourth quarter. – Sales for the fourth quarter increased by 45 % to SEK 1 030 (712) M and profit after finance by SEK 19.6 M to SEK 131.6 (112) M. – The Corporate Profiling business area’s sales increased by 25 % to SEK 1 976 (1 581) M. Profit on EBITDA-level increased by SEK 31.3 M to SEK 247.1 (215.8) M. – The Retailing business area’s sales increased by 50 % to SEK 1 083 (721) M. Profit on EBITDA-level increased by SEK 3.8 to SEK 80.0 (76.2) M. – In October an agreement was reached with Royal Scandinavia A/S to change the initial acquisition of 51 % in Orrefors Kosta Boda Holding AB to include all the shares. – The board proposes to increase the dividends to SEK 0.90 (0.75) per share, meaning total dividends of SEK 58.1 M. – For 2006, sales and result is expected to exceed the preceding year, where however the first six months will be burdened by the Orrefors Kosta Boda group of companies which traditionally has its strong profit period during the second half of the year. CALENDAR • 26 April 2006 Interim report for Q1 • 29 May 2006 Annual General Meeting in Borås • 14 July 2006 Interim report for Q2 • 27 October 2006 Interim report for Q3 • 16 February 2007 Balance Sheet Communiqué for 2006 Stockholm the 17 February 2006 New Wave Group AB (publ) Torsten Jansson CEO FOR MORE INFORMATION, PLEASE CONTACT: CEO Torsten Jansson Phone: +46(0)708 99 80 50, +46(0)303 24 65 01 E-mail: torsten.jansson@nwg.se dCEO Göran Härstedt Phone: +46(0)708 99 80 17, +46(0)303 24 65 02 E-mail: goran.harstedt@nwg.se CFO, Krister Magnusson Phone: +46(0)708 99 80 21, +46(0)303 24 65 11 E-mail: krister.magnusson@nwg.se

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New Wave Group is a clothing company concentrating on sportswear and casual clothes.

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