Dividend information

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The board of directors of BWG Homes ASA has decided to propose a dividend of NOK 2.00 per share. Provided that the general meeting adopts the proposal, the share will be traded ex-dividend as from 22 May 2008. The dividend will be paid out 30 May 2008 to shareholders registered in VPS as of 21 May 2008.

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