Orrefors Kosta Boda AB transfer property to a related person


Orrefors Kosta Boda AB transfer property to a related person

Orrefors Kosta Boda AB, which is concluded in the New Wave Group of companies,
has today decided to sell and transfer a part of the property Lessebo Kosta
13:13 (Kosta Mansion) to Torsten Jansson, who is the main owner and chairman of
the board in New Wave Group AB (publ) and CEO, pro tem., in Orrefors Kosta Boda
AB. The purchase sum is determined to 2,7 MSEK and is based on a valuation
completed by an independent external valuator.

Göteborg 17 September 2008
New Wave Group AB (publ)
Göran Härstedt
President & CEO
For more information, please contact:
Göran Härstedt	
CEO, New Wave Group	
Tel: +46 31 7128902

Lars Jönsson	
CFO, New Wave Group	
Tel: +46 31 7128912

New Wave Group in brief
New Wave is a promotional and retailing company that concentrates on
establishing, acquiring and developing trademarks, mainly within the promo wear,
leisurewear and gift sector. New Wave operates within two business areas, in the
Corporate Promotional area through sales to independent promotion companies, as
well as in the Retailing business area via retailers mainly within sportswear
and shoes. By operating within both areas, the Group's risk spreading and the
coordination advantages increase.

Attachments

09172466.pdf