Torsten Jansson, CEO, has sold shares

Torsten Jansson, CEO, has sold shares Torsten Jansson, CEO, has sold 77,000 B shares in the company to two Swedish institutions. The reason for the sale is to increase the spread of shares in the company. Torsten Jansson owns, after the sale, 2.678.460 A shares and none B share, which totally represents 80.27 % of the votes and 37.72 % of the capital in the company. Borås, 21 February 2001 New Wave Group AB (publ) Torsten Jansson CEO 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/2001/02/21/20010221BIT01090/bit0001.doc http://www.bit.se/bitonline/2001/02/21/20010221BIT01090/bit0001.pdf

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New Wave Group is a clothing company concentrating on sportswear and casual clothes.

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