Première for new single-family homes area in Onsala

Première for new single-family homes area in Onsala JM is starting sales of 27 tenant-owned homes in the first phase of a total of 75 in Onsala, Kungsbacka. The area lies to the east of the Onsala peninsula, within easy walking distance from the Kungsbackafjorden shoreline. The homes being built are linked and detached houses on one and two floors, where the two-floor houses have their own gardens. The houses have three to four rooms and kitchen with an open layout between the kitchen and living room, large windows and high ceilings. Saturday 22 mars, 12.00-14.00, will be the first viewing of the model house in Presse school in Onsala. The public will be able to look at the model, a multislide presentation and go on a guided tour to the site. The houses are scheduled for occupancy in autumn 2004. For additional information please contact: Marie Guregård, estate agent, JM AB, telephone +46 31-703 57 14 or Ulrika Davidsson, project manager, JM AB, +46 31-703 57 13. Stockholm 2003-03-18 JM AB Corporate Communications This and earlier press releases are also available at www.jm.se JM AB is a public limited company listed on the Stockholm Stock Exchange. JM has around 2,700 employees in Sweden, Norway, Denmark and Belgium, and sales in 2002 amounted to approximately SEK 9 billion. The company is Sweden's leading housing developer, and the core business is project development of residential and commercial properties in central areas of growth markets. JM's operations are characterised by a focus on quality and the environment. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/21/20031021BIT01060/wkr0001.doc http://www.waymaker.net/bitonline/2003/10/21/20031021BIT01060/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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