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

The acceptance period for JM's offer for redemption of shares expired on June 7, 2007. The offer involved redemption of a maximum of every twentyseventh share held in JM at a price of SEK 300 per share. Based on the final count, 3,375,456 shares were tendered for redemption, corresponding to app. 98.8 percent of the maximum number of shares that could be redeemed in accordance with the offer. Consequently, in total SEK 1,012,636,800 will be transferred to the shareholders.

Following redemption, JM’s share capital will amount to SEK 88.9 million divided into 88,914,308 shares.

Payment of the redemption amount is expected to take place by the end of August 2007.