Annual General Meeting in New Wave Group AB (publ)

Annual General Meeting in New Wave Group AB (publ)

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

-       Dividend to the shareholders of SEK 1.00 per share with 20 May
2011 as record date.

-       Re-election of Anders Dahlvig, Torsten Jansson, Mats Årjes,
Göran Härstedt, Christina Bellander and Helle Kruse Nielsen as Board
members.

-       Re-election of Anders Dahlvig as Chairman of the Board.

-       Authorization of the Board of Directors for the period up to the
next annual meeting of shareholders to resolve, whether on one or
several occasions, to increase the share capital with not more than SEK
12 000 000 by issue of not more than 4 000 000 shares of class B in the
company, with or without prescription regarding new issue in kind or new
issue by way of set-off or otherwise on such terms and conditions as
referred to in Chapter 13, Section 5, point 6, of the Swedish Companies
Act. The authorization includes a right to decide on deviation from the
shareholders' pre-emption rights, except if the decision on new issue of
shares prescribes payment entirely in cash.

-       Authorization of the Board of Directors to resolve to raise
financing of a kind that is covered by the regulations in Chapter 11,
Section 11, of the Swedish Companies Act.

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

Kosta, 17 May 2011

New Wave Group AB (publ)

The Board of Directors

For more information, please contact:
Torsten Jansson, CEO, tel: +4631-712 89 01, E-mail:
torsten.jansson@nwg.se