Interim Report 1 January-30 September 2002

Interim Report 1 January - 30 September 2002 *Profit after financial items amounted to SEK 646m (1,297) *Property sales of SEK 1,692m (2,857) generated capital gains of SEK 270m (789), of which the entire amount is included in profit from project development for the first nine months of 2002 *Profit from project development rose to SEK 724m (607). The project development margin for the last 12 months amounted to 12.4% *Sales of homes developed well *Over the past 12 months, return on equity amounted to 18% and earnings per share amounted to SEK 22 Stockholm, 17 October 2002 Carl Eric Stålberg President and CEO This interim report has not been reviewed by the company's auditors. Additional information and financial calendar For additional information, please contact Carl Eric Stålberg, President and CEO +46 8 782 88 33 Claes Magnus Åkesson, CFO +46 8 782 89 71 26 February 2003 Year-end report for 2002 23 April 2003 Interim report for the period January - March 2003 23 April 2003 Annual General Meeting 21 July 2003 Interim report for the period January - June 2003 22 October 2003 Interim report for the period January - September 2003 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: The full report The full report

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.