New orders for Block Watne August 2006

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(Oslo, 1 September 2006) Block Watne Gruppen secured a net order intake of NOK 157.6 million during August, compared with NOK 128.2 million for the same month of 2005. This is an increase of 22.9 per cent.
 
The total net order intake for the year so far is NOK 1 117.3 million. This represents an increase of 14.6 per cent compared with the same period of 2005 (NOK 974.9 million).
 
Block Watne Gruppen reports its order intake on a monthly basis as described in the company's IR policy (www.blockwatne.no - Investor).
 
Block Watne Gruppen ticker code is BWG.
 
 
Further information from:
Lars Nilsen, president and CEO, Block Watne Gruppen ASA, tel: +47 23 24 60 00
Ketil Kvalvik, chief financial officer, Block Watne Gruppen ASA, tel: +47 23 24 60 42, +47 907 71 315