JM AB launches share buy-back

Following authorization by the 2008 Annual General Meeting, the Board of Directors of JM AB has decided to start the repurchase of the company's own shares on the OMX Nordic Exchange Stockholm.

The authorization is part of the Share Programs 2008 approved by the Annual General Meeting and includes both the number of JM shares that later could be transferred to participants in this program, as well as the of number JM shares that could be transferred to cover social security costs.

The repurchase of own shares will take place in the beginning of June this year and involves a maximum of 150,000 shares. Shares will be repurchased within the "spread" (the interval between the highest bid price and lowest sell price). Before launching this share buy-back, JM holds 35,000 own shares. The total number of JM shares is 88,914,308.

Information about JM's repurchase of own shares will be published on an ongoing basis at www.jm.se under the heading Investors, Share buy-backs.