JM # Annual General Meeting

JM - Annual General Meeting In his address to the Annual General Meeting of JM AB on 27 April 2000, the company's President & CEO Carl Eric Stålberg said that JM has successfully focused on its role as a project developer of both residential and commercial properties. Today JM has building rights corresponding to more than 26,000 (18,000) residential units for future production, of which around 12,000 (9,000) in the greater Stockholm area. The AGM voted in favour of the Board's proposed dividend of SEK 6.75 per share. The record date for payment of dividends is Wednesday, 3 May 2000. The AGM approved the Board's proposed changes in the Articles of Association, one of which was that the Board is to consist only of regular members. Board members Monica Lindstedt, Anders Nyrén, Per Olofsson, Carl Eric Stålberg, Bertil Tiusanen and Per Westlund were re- elected. At the statutory Board meeting, Per Westlund was elected as Chairman. The AGM elected Öhrlings PriceWaterhouseCoopers AB as the accounting firm for the Group. Travel grants of SEK 15,000 each were awarded to Johnny Kellner and Ingemar Nilsson for their contributions in the field of environment and quality. For additional information, please contact President & CEO Carl-Eric Stålberg, telephone +46-8-782 88 33. Stockholm, 27 April 2000 JM AB Group Staff Communications This press release is 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/2003/08/18/20030818BIT00210/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT00210/wkr0002.pdf