JM Construction building Hagaskolan in Vallentuna

Vallentuna Municipality, located just north of Stockholm, has entrusted JM
Construction with a turnkey contract to construct a school – Hagaskolan.
The contract includes new construction of the school and playground. Hagaskolan
will be built in what is currently a wooded area, which will be partially
preserved for the future playground. The gross floor area is approximately
13,900 square meters and the lot area is 45,000 square meters. The school will
consist of two buildings – the school building and a gymnasium – on two floors.
The premises will house a preschool, with space for 80 children in four
divisions, and a school for just over 800 students in grades 1-9.

“Being entrusted to build Hagaskolan is especially gratifying since the project
involves all aspects of our business. Engineering, construction and our
specialists within facade work will be involved in Hagaskolan,” says President
JM Construction Peter Neuberg.

Hagaskolan’s premises and outdoor environment will promote student development
and desire to learn, and the school’s design will promote a good work
environment for both students and staff. The buildings are being designed to
simplify administration as well as to enable efficient energy consumption.

Construction start-up is planned for 2017, and the school will be ready for the
first day of school in autumn 2019. The total contract amounts to approximately
SEK 300m, evenly distributed across the term of the contract.
For additional information, please contact:
Sabina Granath, Manager Commercial Buildings, +46 (0)8 782 14 59
Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29
This information is information that JM AB is obliged to make public pursuant to
the EU Market Abuse Regulation. The information was submitted for publication,
through the agency of the contact person set out above, at 08:00 CET on 2016-10
-27.

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 emphasis on expanding metropolitan areas and university towns in
Sweden, Norway and Finland. We are also involved in project development of
commercial premises and contract work, primarily in the Greater Stockholm area.
JM should promote long-term sustainability work in all of its operations. Annual
sales total approximately SEK 15 billion and the company has about 2,400
employees. JM is a public limited company listed on NASDAQ Stockholm, in the
Large Cap segment. More information is available at www.jm.se/en.