Nomination committee for JM's 2006 Annual General Meeting

In accordance with the provisions of the Swedish Code of Corporate Governance, we hereby announce the composition of the nomination committee for the 2006 Annual General Meeting. The members are as follows: - KG Lindvall (Robur Funds) - Anders Algotsson (AFA Försäkring) - Mats Tunér (SEB Funds) - Björn Franzon (Fourth National Pension Fund) JM's Annual General Meeting will be held on Thursday 27 April 2006 at corporate headquarters in Solna, Sweden.

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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