JM new main sponsor for Millesgården

JM new main sponsor for Millesgården JM AB and Millesgården have signed a sponsorship agreement which will run for three years. This agreement allows the focus on Millesgården and its exhibition activities to continue. "JM's support means that we can continue our focus on a high profile in our exhibition activities as well as consolidating our position as one of Sweden's foremost museums and tourist attractions," says Staffan Carlén, museum director at Millesgården. Through this co-operation Millesgården and JM will support each other by strengthening their images, reaching new target groups and developing new working methods. "As a successful, listed company it is important that we accept our social responsibility - in this case by supporting Millesgården in their significant cultural activities. Culture is an important part of society and of people's everyday lives," says Johan Skoglund, president elect of JM. JM is sponsoring Millesgården with SEK 1.3m per year over a three-year period. This is the first time that the company has entered such a major and long-term agreement with a cultural institution. JM is also supporting the "Ilon and Karlsson" exhibition which opens on 10 November. For further information, please contact Matti Kuisma, assistant museum director Millesgården, tel +46 8 446 75 90, matti.kuisma@millesgarden.se Caroline Burén, Senior Vice President, Corporate Communications, JM AB, tel +46 8 782 87 83, mobile +46 705 82 87 83, caroline.buren@jm.se Pictures are available at www.jm.se. Stockholm, 23 October 2002 JM AB Corporate Communications This and earlier press releases are also available at www.jm.se Millesgården and its unique setting on the island of Lidingö in Stockholm welcomes thousands of visitors every year and is one of Sweden's foremost tourist attractions. It is a museum of terraces, fountains, stairways, sculptures and columns, coupled with a rich diversity of vegetation. Millesgården is a foundation which was established through a donation by Carl and Olga Milles. The museum is open all the year round and, aided by exhibitions and activities, keeps alive the visionary spirit of Carl Milles. JM AB is a public limited company listed on the Stockholm Stock Exchange. JM has around 2,600 employees in Sweden, Norway, Denmark and Belgium, and the turnover in 2001 was approximately SEK 9 billion. JM is Sweden's leading residential developer and the company's core business is project development of residential and commercial properties in central areas of growth markets. Operations are characterized by a focus on quality and the environment. JM AB SE-169 82 Stockholm Visitors' address: Telegrafgatan 4, Solna Tel: +46 8 782 87 00 Fax +46 8 782 86 00 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/2003/10/21/20031021BIT01110/wkr0001.doc http://www.waymaker.net/bitonline/2003/10/21/20031021BIT01110/wkr0002.pdf

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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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