New orders for BWG Homes April 2011

New orders for BWG Homes April 2011 BWG Homes ASA secured a total net order intake of NOK 351.9 million during April, compared with NOK 323.3 million for April 2010, an increase of 8.8 per cent. The net order intake in April for segment Norway was NOK 195.9 million (NOK 200.9 million), down 2.5 per cent. The net order intake in April for segment Sweden was NOK 156.0 million (NOK 122.5 million), up 27.4 per cent. The total net order intake for the year so far: BWG Homes ASA: NOK 1,377.0 million, up 6.6 per cent, segment Norway: NOK 874.6 million, up 8.1 per cent, Segment Sweden: NOK 502.4 million, up 4.0 per cent. (Corresponding figures 2010 for segment Norway and BWG Homes ASA have been reworked as a consequence of change in classification of VAT for segment Norway.) See also monthly development at relations/Financial-info/New-orders/. Further information from: Lars Nilsen, CEO, BWG Homes ASA, tel: +47 23 24 60 00 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 990 employees. In 2010 the turnover was NOK 2.9 billion. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act) This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: BWG Homes ASA via Thomson Reuters ONE [HUG#1511294]