JM sells two properties in Stockholm’s Östermalm district

In a deal with Primula Byggnads AB, a small construction and property company, JM has sold the properties Hinden 20 and 21 for a total of SEK 85 million. The capital gain amounts to SEK 30 million and will be reported in the second quarter of 2005. Stockholm, 10 May 2005 JM AB Corporate Communications