SEK 1,000 million to be transferred to JM´s shareholders through redemption

The acceptance period for JM's offer for redemption of shares expired on June 5, 2008. The offer involved redemption of a maximum of every sixteenth share held in JM at a price of SEK 180 per share. Based on the final count, 5,512,425 shares were tendered for redemption, corresponding to app. 99.8 percent of the maximum number of shares that could be redeemed in accordance with the offer. Consequently, in total SEK 992,236,500 will be transferred to the shareholders.

Following redemption, JM’s share capital will amount to SEK 83.4 million divided into 83,401,883 shares.

Payment of the redemption amount is expected to take place by the end of June 2008.