New orders for BWG Homes December 2010

BWG Homes ASA secured a total net order intake of NOK 211.7 million during December 2010 compared with NOK 150.5 million for December 2009, an increase of 40.7 percent. The net order intake in December for Segment Norway was NOK 101.0 million (NOK 82.6 million), up 22.3 percent. The net order intake in December for Segment Sweden was NOK 110.7 million (NOK 67.9 million), up 63.1 percent.

The total net order intake 4th quarter 2010:
BWG Homes ASA: NOK 724.2 million, up 5.0 per cent. Segment Norway: NOK 343.5 million, down 6.7 per cent. Segment Sweden: NOK 380.7 million, up 18.3 per cent.

The total net order intake per December 2010:
BWG Homes ASA: NOK 3 163.7 million, up 9.8 percent. Segment Norway: NOK 1 670.8 million, up 5.3 percent. Segment Sweden: NOK 1 492.9 million, up 15.3 percent.

See also monthly development at http://www.bwghomes.no/en/Investors-relations/Financial-info/New-orders/.

Further information from:
Arnt Eriksen, CFO, BWG Homes ASA, tel: +47 23 24 60 37, +47 922 14 625.

BWG Homes develops, sells and constructs residential homes in the Nordic region. The brands owned by the Group are Block Watne and Hetlandhus in Norway, Myresjöhus and SmålandsVillan in Sweden. BWG Homes sells and constructs homes through own residential projects and for individual customers. Ranked as a leading residential house builder in its markets, the Group annually completes approx. 2 000 new homes. BWG Homes has 950 employees. In 2009 the turnover was NOK 2.5 billion.