JM builds office and laboratory complex worth MSEK 130

JM builds office and laboratory complex worth MSEK 130 for Q-Med in Uppsala JM has been contracted by Q-Med to build a new office and laboratory complex directly adjacent to its existing facility in the Librobäck area of Uppsala, an assignment worth around MSEK 130. The contracting assignment covers a total of 11,000 square meters. During the production period Q-Med will lease office space in the former Nordviror's premises, a project by the Fyris River in Kungsängen which JM and Skanska recently acquired for the purpose of developing a new community in Uppsala. While awaiting the detail plans and building permit, the intention is to lease the existing premises in Kungsängen where Q-Med will be a sizeable temporary tenant. The new property in Librobäck will be completed in stages and will be occupied successively during 2002. "It was highly satisfying to win this contract from Q-Med, a company we have collaborated with earlier. We see this as a good example of JM's expertise as a project developer, in that we can offer Q-Med temporary premises in Kungsängen and will be able to offer Q-Med's employees newly produced housing as the company expands ", says JM's regional manager in Uppsala, Zdravko Markovski. For additional information contact Anders Wimmerstedt, Production Manager at JM Uppsala, telephone +46-18-18 95 00 or +46-70-328 95 05. Stockholm and Uppsala, 14 December 2000 JM AB Group Staff Corporate Communications 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/2003/08/18/20030818BIT00390/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT00390/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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