Annual general meeting in New Wave Group AB (publ)

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 2;50 per share with 8 May 2001 as record date. - Re-election of Håkan Thylén, Torsten Jansson, Lennart Bohlin and Hans Johansson as board members. - Authorization of the board to make a new issue of up to 1 500 000 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 4 § 6, first paragraph, in the Companies Act. - Approval of issued call options to the external board members. Complete documentation regarding the issues mentioned above is available at the company. In a speech, the CEO, Torsten Jansson, accounted for the future and the goals of New Wave Group, which are; - To become the largest and best company in Europe with regard to profiling and gifts, - To acquire a significant market-position within work wear, and - To make Craft a big actor in functional sportswear in Europe and the United States. The CEO held the opinion that New Wave Group has a strong position and a bright future, but that it, at the present stage, is very difficult to foresee potential fluctuations of the market. The CEO's speech is published in is entirety at the home page of New Wave Group: http:/ www.nwg.se Borås, 3 May 2001 New Wave Group AB (publ) The Board For further information, please contact: Torsten Jansson CEO Phone: +46 708 998050, +46 33 225855 Göran Härstedt Deputy CEO Phone: +46 708 998017, +46 33 225863 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/03/20010503BIT01150/bit0001.doc http://www.bit.se/bitonline/2001/05/03/20010503BIT01150/bit0001.pdf