New orders for Block Watne May 2006

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(Oslo, 1 June 2006) Block Watne Gruppen secured a net order intake of NOK 131.4 million during May, compared with NOK 124.7 million for the same month of 2005. This is an increase of 5.4 per cent.
 
The total net order intake for the year so far is NOK 757.7 million. This represents an increase of 7.7 per cent compared with the same period of 2005 (NOK 706 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