Annual general meeting in New Wave Group AB (publ)

At the annual general meeting in New Wave Group AB today, the following was decided, among other things:

- Dividend to the shareholders of SEK 1 per share with 23rd May 2008 as record date

- Re-election of Torsten Jansson, Hans Johansson and Maria Andark, Mats Årjes and Peter Nilsson as Board members

- Re-election of Torsten Jansson as working Chairman of the Board.

- Authorization of the board to make a new issue of up to 4 000 000 shares of class B in the company, with or without shareholders subscription privilege and with or without stipulation of capital contributed in kind, setoff or other stipulation as mentioned in Chapter 13 § 5 item 6 in the Companies Act

- Authorization of the board to take up financing of a kind that is covered by the rules in Chapter 11 § 11 in the Companies Act

- New issue of 1,800,000 subscription options to be offered to the managers of the group at market value

- New issue of 200,000 subscription options to be offered to New Wave Group AB’s board members at market value

Complete documentation regarding the issues mentioned above is available at the company.

Gothenburg May 22nd 2008

New Wave Group AB (publ)
The Board

For more information, please contact:
Torsten Jansson, Chairman, tel: +46 (0)31 712 89 01, E-mail: torsten.jansson@nwg.se
Göran Härstedt, CEO, tel: +46 (0)31 712 89 02, E-mail: goran.harstedt@nwg.se