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Year-end Report 2006

Report 2/13/2007 3:34 PM

Continued high profitability

- Income increased by 22 percent to SEK 12,065m (9,887) and number of residential units sold totaled 3,790 (4,240)

- Earnings before tax improved substantially to SEK 1,852m (1,151) and net earnings for the year rose to SEK 1,568m (976). Operating margin increased to 15.6 percent (12.5)

- Property sales of SEK 1,000m (1,752) provided capital gains of SEK 169m (247)

- Return on equity for the past twelve months increased considerably to 45.4 percent (28.8). Earnings per share for the year rose to SEK 16.40 (9.30)

- The Group's cash flow including property sales was SEK 664m (3,368)

- The Board of Directors proposes a dividend of SEK 4,50 (2.50) per share. In addition, the Board proposes a distribution of about SEK 1.0 billion through a redemption of shares equivalent to about SEK 11 per share.

Please find attached a full version of the Year-end Report (PDF).

Future reporting dates:
Interim Report January-March 2007, April 26, 2007
The Annual General Meeting will be held at JM's head office, Telegrafgatan 4, Solna
April 26, 2007at 4 p.m.
Interim Report January-June 2007, August 17, 2007