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Dividend

BWG Homes seeks to pay its shareholders an annual dividend of 50 to 70 per cent of profit after tax. A dividend is proposed if - in the Board's view - it will not have an adverse impact on BWG Homes Group's future growth ambitions or capital structure.

dividend for the financial year 2008

For fiscal 2008 no dividend was paid out.

Dividend for the financial year 2007

For fiscal 2007 the dividend was NOK 2.00 per share. This corresponds to 58.3 per cent of earnings per share and 65.7 per cent of profit after tax, total NOK 132 million.

The shares were listed ex-dividend on 22 May 2008. The dividend was paid out 30 May 2008.

Dividend for the financial year 2006

For fiscal 2006 the dividend was NOK 2.50 per share (corresponding to 69.1 per cent of profit after tax), total NOK 112.5 million.

The shares were listed ex-dividend on 19 April 2007. The dividend was paid out 30 April 2007.