BWG Homes ASA secured a total net order intake of NOK 284.4 million during March 2010 compared with NOK 288.0 million for March 2009, a decrease of 1.3 percent.

 

The net order intake in March for Segment Norway was NOK 154.6 million (NOK 145.2 million), up 6.4 percent. The net order intake in March for Segment Sweden was NOK 129.8 million (NOK 142.8 million), down 9.1 percent. When comparing March 2010 to March 2009 figures, please note that the Easter vacation was in April in 2009.

 

The total net order intake per 1 quarter 2010

BWG Homes ASA: NOK 875.9 million, up 23.0 percent, Segment Norway: NOK 515.2 million, up 23.9 percent, Segment Sweden: NOK 360.7 million, down 21.7 percent.

 

See also monthly development at http://www.bwghomes.no/en/Investors-relations/Financial-info/New-orders/ and enclosed graph "New orders per month" from 2006 till date.

 

Further information from:

Arnt Eriksen, CFO, BWG Homes ASA, tel: +47 23 24 60 37, +47 922 14 625.

 

BWG Homes develops, sells and constructs residential homes in the Nordic region. The brands owned by the group are Block Watne and Hetlandhus in Norway, Myresjöhus and SmålandsVillan in Sweden. BWG Homes sells and constructs homes through own residential projects and for individual customers. Ranked as a leading residential house builder in its markets, the group annually completes approx. 2 000 new homes. BWG Homes has 850 employees. In 2009 the turnover was NOK 2.5 billion.

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)