Interim report 1 january - 30 june 2001

INTERIM REPORT 1 JANUARY - 30 JUNE 2001 HIGHLIGHTS OF THE PERIOD JANUARY - JUNE 2001 · Profit after financial items rose 85 per cent to MSEK 1,034 (558). · Over the past 12-month period, return on shareholders_ equity amounted to 32 per cent and earnings per share to SEK 36. · Profit in project development increased by 71 per cent to MSEK 355 (207) and the margin strengthened to 9.5 (7.4) per cent. · Property sales of MSEK 2,670 (1,134) provided capital gains of MSEK 702 (258) after continued substantial sales in the second quarter · Repurchase of 7.5 per cent of the company´s shares for around MSEK 600 in the second quarter. · This and earlier press releases are also available at www.jm.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01580/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01580/wkr0002.pdf

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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