Annual general meeting in New Wave Group AB (publ) and share transfer

Annual general meeting in New Wave Group AB (publ) and share transfer

At the annual general meeting in New Wave Group AB today, the following was
decided, among other things:

- Dividend to the shareholders of SEK 1 per share with 16th May 2007 as record
date

- Re-election of Torsten Jansson, Hans Johansson and Maria Andark as Board
members and new-election of Mats Årjes and Peter Nilsson as Board members

- Election of Torsten Jansson as working Chairman of the Board.

- Election of the accounting firm Ernst & Young Aktiebolag as the Company's
auditors with Sven-Arne Gårdh as the main responsible auditor

- Changes in the company's articles of association consisting of the change of
the Board's seat to Gothenburg and that the chairman of the Board shall be
elected by the shareholders at general meeting 

- Authorization of the board to make a new issue of up to 6 000 000 shares of
class B in the company, with or without shareholders subscription privilege and
with or without stipulation of capital contributed in kind, setoff or other
stipulation as mentioned in Chapter 13 § 5 item 6 in the Companies Act

- Authorization of the board to take up financing of a kind that is covered by
the rules in Chapter 11 § 11 in the Companies Act

- New issue of 2,000,000 subscription options to be offered to the employees of
the group at market value

Complete documentation regarding the issues mentioned above is available at the
company.

Furthermore, it can be informed that Torsten Jansson has sold 76,000 B-shares in
New Wave Group to a managing director in a subsidiary. This share transfer is
based upon an execution of a call option issued to the director in question.

Gothenburg May 11, 2007
New Wave Group AB (publ)
The Board
For more information, please contact:
Torsten Jansson, Chairman, tel: +46 (0)31 712 89 01, E-mail:
torsten.jansson@nwg.se
Göran Härstedt, CEO, tel: +46 (0)31 712 89 02, E-mail: goran.harstedt@nwg.se