3rd quarter 2008:

BWG Homes ASA: NOK 530.8 million, down 24.1 per cent,

Segment Norway: NOK 248.4 million, down 26.7 per cent,

Segment Sweden: NOK 282.4 million, down 21.6 per cent.

 

Per September 2008:

BWG Homes ASA: NOK 2,122.6 million, down 19.0 per cent,

Segment Norway: NOK 1,039.7 million, down 6.9 per cent,

Segment Sweden: NOK 1,082.9 million, down 28.0 per cent.

 

See also monthly development at http://www.bwghomes.no/en/Investors-relations/Financial-info/New-orders/ and enclosed graph "New orders per month" from 2006 till date.

 

Ketil Kvalvik, CFO, BWG Homes ASA, tel: +47 23 24 60 42, +47 90 77 13 15

 

BWG Homes develops, sells and constructs residential homes in the Nordic region. The present brands owdown 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 more than 2 000 new homes. BWG Homes has 1 270 employees. In 2007 the pro forma turnover was NOK 3.2 billion.