Martin Asp new Business Unit Manager

Martin Asp new Business Unit Manager

Martin Asp has been appointed the new Business Unit Manager of the JM
Group Management Team. He will take over the position on 1 July 2011.
Martin Asp is currently the President of Kvarnholmen Utveckling AB,
which is partly owned by JM. He will become the new head of the
following business units: JM Residential Norway and JM Residential
Denmark, Finland, Belgium. Martin Asp will replace Sten Hamberg in JM's
Group Management Team. After nearly 30 years at JM, Sten Halmberg has
decided to reduce his workload and he will now transition to a more
senior role in order to work with, among others, strategic tasks that
have been assigned by JM's President and CEO, Johan Skoglund.

“Martin has a great deal of experience and involvement in housing
development,” says Johan Skoglund, President and CEO of JM. “He will be
an asset to both the Group Management Team and JM's foreign operations,”
he says.

Martin Asp has worked at JM for 15 years in such roles as supervisor,
head of project planning and project manager. For the last five years,
he has been President of Kvarnholmen Utvecklings AB, responsible for
developing the new city district, Kvarnholmen in Nacka.

For further information, please contact:
Martin Asp: +46 (0)8-782 89 85
Sten Hamberg: +46 (0)8-782 88 52
Tomas Eriksson, press officer: +46 (0)8-728 86 61