Fourth phase at Smekalles äng in Kungsbacka

JM is now starting construction of 27 single-family homes in the fourth and final phase of JM’s Smekalles Äng area in central Kungsbacka. The total area will comprise 91 tenant-owned units with approximately 180 residents when the area is completed. Of JM’s various projects in Kungsbacka, this is the largest area so far. “We have developed residential units for two years in this area. Sales are going well and there is still considerable interest,” says Ulrika Davidsson, project manager for Smekalles Äng. The final phase comprises four different free-standing houses on one and two floors where each house has its own garden. Floor space in the houses varies between 100 and 126 sq.m. The houses are built in the functional style and the area will have a neighbourhood feeling with shares green spaces in the centre of each block. Smekalles Äng has a central location within walking distance from schools, the countryside and the sea. For additional information please contact: Ulrika Davidsson, project manager, West Region, JM AB, telephone +46 31-703 57 13. Stockholm, 5 October 2004 JM AB Corporate Communications

About Us

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with the main focus on expanding metropolitan areas and university towns in Sweden, Norway, Denmark, Finland and Belgium. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM seeks to promote long-term quality and environmental considerations in all its operations. Annual sales total approximately SEK 17 billion and the company has about 2,500 employees. JM is a public limited company listed on NASDAQ OMX Stockholm, in the Large Cap segment.

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