New orders for BWG Homes September 2011

BWG Homes ASA secured a total net order intake of NOK 342.9 million during September 2011 compared with NOK 370.9 million for September 2010, a decrease of 7.5 percent. The net order intake in September for Segment Norway was NOK 252.6 million (NOK 228.8 million), up 10.4 percent. The net order intake in September for Segment Sweden was NOK 90.3 million (NOK 142.1 million), down 36.5 percent.

The total net order intake for Q3 2011:
BWG Homes ASA: NOK 708.4 million, down 10.0 percent, Segment Norway: NOK 502.3 million, up 9.3 percent, Segment Sweden: NOK 206.1 million, down 37.1 percent.

The total net order intake for the year so far:
BWG Homes ASA: NOK 2 563.3 million, down 4.4 percent. Segment Norway: NOK 1 678.6 million, up 7.0 percent. Segment Sweden: NOK 884.7 million, down 20.5 percent.

(Corresponding figures 2010 for segment Norway and BWG Homes ASA have been reworked as a consequence of change in classification of VAT for segment Norway.)

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 1 025 employees. In 2010 the turnover was NOK 2.9 billion.