New orders for Block Watne Gruppen August 2007

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(Oslo 4 August 2007) Block Watne Gruppen ASA secured a total net order intake of NOK 307.6 million during August, compared with NOK 354.2 million for August 2006, a decrease of 13.2 per cent. The net order intake in August for segment Norway was NOK 165.4 million (157.6 million), up 5.0 per cent. The net order intake in August for segment Sweden was NOK 142.2 million (196.6 million), down 27.7 per cent.

The total net order intake for the year so far is NOK 2 316.0 million, an increase of 5.8 per cent compared with the same period of 2006 (NOK 2 188.1 million). Segment Norway totals NOK 971.7 million (NOK 1 117.2 million), down 13.0 per cent. Segment Sweden totals NOK 1 344.4 (NOK 1 070.9 million), up 25.5 per cent.
 
See also monthly development at http://blockwatne.no/page_omBlockWatne.asp?SiId=758&langid=538 and enclosed graph "New orders per month" from 2006 till date.
 
Following the acquisition of Prevesta AB, Block Watne Gruppen with effect from June 2007, reports the group's total net order intake and the distribution on segment Norway and segment Sweden. The total net order figures for 2007 and 2006 are pro forma figures.
 
Block Watne Gruppen reports its net order intake on a monthly basis.
 
Further information from:
Lars Nilsen, president and CEO, Block Watne Gruppen ASA, tel: +47 23 24 60 00
Ketil Kvalvik, CFO, Block Watne Gruppen ASA, tel: +47 23 24 60 42,
+47 90 77 13 15

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