Interim Report January-March 2004

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Interim Report for New Wave Group AB (publ) January-March 2004 "Continued profit increase" - Sales increased by 13 % to SEK 469 (415) million during January-March. - Result after net financial items improvedd by SEK 0.7 million to SEK 13.2 (12.5) million. - Profit after tax decreased to SEK 9.8 (10.2) million and profit per share to SEK 0.68 (0.70). - Sales in the Corporate Profiling business area increased by 18 % to SEK 284 (241) million. Profit after financial items decreased by 0.6 million to SEK 1.9 (2.5) million. - Sales in the Retailing business area incrased by 6 % to SEK 185 (175) million. Profit after net financial items increased by SEK 1.3 million to SEK 11.3 (10) million. - Agreement on acquiring D.A.D. Sportswear made. Access as per April 1st 2004. The acquisition will not affect the Group's profit during 2004. - A letter of intent to acquire Jobman Workwear was signed on March 31st. - New Wave Group's board has decided to go through with a new issue of approximately SEK 151 million. The prospectus for the new issue will be made public today. FOR MORE INFORMATION, PLEASE CONTACT: Vice President Torsten Jansson Phone: +46(0)708 99 80 50, +46(0)303 24 65 01 E-mail: torsten.jansson@nwg.se Deputy Vice President Göran Härstedt Phone: +46(0)708 99 80 17, +46(0)303 24 65 02 E-mail: goran.harstedt@nwg.se Financial Manager Krister Magnusson Phone: +46(0)708 99 80 21, +46(0)303 24 65 11 E-mail: krister.magnusson@nwg.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/04/27/20040426BIT00610/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/04/27/20040426BIT00610/wkr0002.pdf The full report

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