BWG Homes ASA (OSL:BWG) New Orders For BWG Homes September 2008

BWG Homes ASA (OSL:BWG) (Oslo 1 October 2008) BWG Homes ASA secured a total net order intake of NOK 226.0 million during September, compared with NOK 305.5 million for September 2007, a decrease of 26.0 per cent. The net order intake in September for segment Norway was NOK 110.9 million (145.5 million), down 23.8 per cent. The net order intake in September for segment Sweden was NOK 115.1 million (NOK 160.1 million), down 28.1 per cent.

3rd quarter 2008: BWG Homes ASA: NOK 530.8 million, down 24.1 per cent, Segment Norway: NOK 248.4 million, down 26.7 per cent, Segment Sweden: NOK 282.4 million, down 21.6 per cent.

Per September 2008: BWG Homes ASA: NOK 2,122.6 million, down 19.0 per cent, Segment Norway: NOK 1,039.7 million, down 6.9 per cent, Segment Sweden: NOK 1,082.9 million, down 28.0 per cent.

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: Ketil Kvalvik, CFO, BWG Homes ASA, tel: +47 23 24 60 42, +47 90 77 13 15

BWG Homes develops, sells and constructs residential homes in the Nordic region. The present brands owdown 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 more than 2 000 new homes. BWG Homes has 1 270 employees. In 2007 the pro forma turnover was NOK 3.2 billion.



LINK: http://hugin.info/136346/R/1255862/273824.pdf

BWG Homes ASA

http://www.bwghomes.no

ISIN: NO0010298300

Stock Identifier: XOSL.BWG