Revised profit forecast for the financial year 2011

New Wave Group's performance so far in the fourth quarter differs from what has been previously projected. The previous forecast, published in the interim report for the third quarter of 2011, was as follows: “For 2011 we expect a higher sales turnover and a somewhat better result than the 2010 outcome. Incoming deliveries will be moved forward since the Chinese New Year occurs already in January 2012, which means that our stock levels will be higher than normal at the end of the financial year.” ”The Group’s turnover and result has been affected negatively by a weaker development than