New orders for BWG Homes January 2011

BWG Homes ASA secured a total net order intake of NOK 289.3 million during January 2011 compared with NOK 256.3 million for January 2010, an increase of 12.9 percent. The net order intake in January for Segment Norway was NOK 173.2 million (NOK 151.2 million), up 14.6 percent. The net order intake in January for Segment Sweden was NOK 116.1 million (NOK 105.1 million), up 10.4 percent.

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

Further information from:
Lars Nilsen, CEO, BWG Homes ASA, tel: +47 23 24 60 00,
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.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.