Subscription warrants offered to all employees in the JM Group

Subscription warrants offered to all employees in the JM Group JM AB's Board of Directors has decided to propose to the Annual General Meeting on 24 April 2001 that all JM Group employees in Sweden be offered the opportunity to acquire subscription warrants. The offer will also be extended to future employees in JM. The proposed number of subscription warrants is 600,000, which would result in a dilution effect of around 1.7 per cent. "The motive for the Board's proposal is for the employees to establish personal and long-term ownership commitments that serve as a stimulus for future work within the JM Group. The proposal is thus designed to benefit both the company and all its shareholders", comments Carl Eric Stålberg, JM's President and CEO. The advisor is Swedbank Markets. A detailed description of the Board's proposal will be available at JM AB's head office, Telegrafgatan 4, Solna, as of 12 April 2001. For additional information, contact JM's President and CEO Carl Eric Stålberg, telephone +46-8-782 88 33 or CFO Claes Magnus Åkesson, telephone +46-8-782 89 71. Stockholm, 21 March 2001 JM AB Group Staff Communications This and earlier press releases are also available at www.jm.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01430/wkr0001.doc http://www.waymaker.net/bitonline/2003/08/18/20030818BIT01430/wkr0002.pdf