New orders for Block Watne June 2006

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(Oslo, 3 July2006) Block Watne Gruppen secured a net order intake of NOK 174,6 million during June, compared with NOK 127,4 million for the same month of 2005. This represents an increase of 37 per cent.
 
The total net order intake in second quarter 2006 is NOK 478,6 million. This represents an increase of 11,2 per cent compared with the same period of 2005 (NOK 430,4 million). For the first half-year the net order intake is NOK 932,3 million. Compared with NOK 833,4 million for the same period of 2005, this is an increase of 11,9 per cent.
 
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 90 77 13 15