JM builds homes in Bällstaberg in Vallentuna

JM builds homes in Bällstaberg in Vallentuna JM has now started production of 42 new homes in Bällstaberg. This project is the tenth phase in the Bällstaberg area, which is at the southern end of Vallentuna municipality. The houses are being built with two and three floors around a courtyard. The two-storey houses have wooden facades and the three-storey ones have rendered facades. The houses range in size from 1 to 5 rooms plus kitchen and they all have a balcony or patio at ground level. The architects are White Arkitekter AB. JM has built more than 300 homes in Bällstaberg since 1996. The small- scale approach, varied houses, a new school and good communications make this a popular area. The houses will be ready for occupancy in spring 2004. The order value is just over SEK 60m. For additional information please contact: Albert Lundblad, East Region Project Manager, JM AB, telephone +46 18-66 03 53 or Ulla Nylander, East Region sales, JM AB, telephone +46 18-66 03 04. Stockholm, 6 June 2003 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/2003/10/21/20031021BIT00940/wkr0001.doc http://www.waymaker.net/bitonline/2003/10/21/20031021BIT00940/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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