Update Order Volume and Outlook 2014

Scandinavian House Development SA (“Scandinavian House” or the “Company”) wants to inform its shareholders that the company has successfully signed contracts in its order book of around 6 million CHF value. These orders will be fabricated and delivered in 2014 whereby a large part will be delivered during the second quarter of the coming year. These orders include seven houses with five apartments in each house, located in famous Swedish ski resort Åre.

In addition to the signed orders, Scandinavian House is currently in negotiations for additional offers at a value of approx. CHF 11 million. These offers under negotiation include one big costumer for up to 156 small apartments with a contract value of CHF 5 million. The other offers are projects like preschools and student homes, smaller apartments. Scandinavian House expects that in particular these markets could show a large and long-term growing demand for the types of buildings which our Company is specialized in.


Route d’Oron 2, 1010 Lausanne, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net


Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.