SEK 1,000 million will be transferred to JMs shareholders through redemption

The acceptance period for JM's offer for redemption of shares expired on June 8, 2006. The offer involved redemption of a maximum of every fifthteenth share held in JM at a price of SEK 625 per share. Based on the final count, 1,603,939 shares were tendered for redemption, corresponding to app. 97.5 percent of the maximum number of shares that could be redeemed in accordance with the offer. Consequently, in total SEK 1,002,461,875 will be transferred to the shareholders. Following redemption, JM’s share capital will amount to SEK 92.3 million divided into 23,072,441 shares. Payment of the redemption amount is expected to take place at mid-year 2006.