JM's Board of Directors resolves to buy back shares

JM's Board of Directors has resolved to utilize the share buyback authorization
given at the Annual General Meeting on April 25, 2013.
The acquisition of ordinary shares in JM AB may only occur on NASDAQ OMX
Stockholm. The authorization may be utilized on several occasions, although no
longer than up until the 2014 Annual General Meeting. The number of ordinary
shares that may be acquired is limited such that the company's holdings may not
at any point in time exceed ten (10) percent of all the company's shares. At
present, the company holds a total of 4,129,962 of its own ordinary shares. The
acquisition of ordinary shares in JM AB on NASDAQ OMX Stockholm may only occur
at a price within the current spread on NASDAQ OMX Stockholm, which refers to
the spread between the highest bid price and the lowest ask price.

 The total number of JM shares is 83,671,215.


For additional information, please contact:

Claes Magnus Åkesson, CFO, +46 8 7828971


JM is one of the leading developers of housing and residential areas in
the Nordic region. Operations focus on new production of homes in attractive
locations, with the main focus on expanding metropolitan areas and university
towns in Sweden, Norway, Denmark, Finland and Belgium. We are also involved in
the project development of commercial premises and contract work, primarily in
the Greater Stockholm area. JM should promote long-term quality and
environmental management in all its operations. Annual sales total approximately
SEK 13 billion and the company has some 2,300 employees. JM AB is a public
limited company listed on NASDAQ OMX Stockholm, Mid Cap segment.