New ownership structure in JM

New ownership structure in JM As previously announced, Skanska has sold its entire holding in JM. The total value of the shareholding was MSEK 1.850, corresponding to 26.5 per cent of the equity capital. The largest owners in JM are now % of share capital SEB, mutual funds and foundations12.5 Nordbanken, mutual funds and foundations 11.1 AMF, pension and health insurance 6.6 Fourth Swedish Pension Insurance Fund 5.4 Föreningssparbanken's mutual funds5.2 Handelsbanken, mutual funds och insurance 3.8 Skandia 3.7 Stefan Persson Placerings AB 3.6 SPP, insurance and mutual funds 2.8 Foreign institutions 21.3 Other shareholders 24.0 For information, contact President & CEO Carl Eric Stålberg, telephone +46 8 782 88 33. Stockholm, 22 November 2000 JM AB Group Staff Communications This and earlier press releases are also available at ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

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, and Finland. We are also involved in the project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 16 billion and the company has approximately 2,500 employees. JM AB is a public limited company listed on NASDAQ Stockholm, Large Cap segment. For more information