(Oslo, 1 August 2006) Block Watne Gruppen secured a net order intake of NOK 27.4 million during July, compared with NOK 13.4 million for the same month of 2005. This is an increase of 105.1 per cent.

 

Compared with the remainder months, the order intake in July normally is modest due to the fact that all operations are closed weeks 28, 29 and 30 (general summer holidays).

 

The total net order intake for the year so far is NOK 959.7 million. This represents an increase of 13.3 per cent compared with the same period of 2005 (NOK 846.7 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.

 

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