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SAAB Management Reports 2008

Apr 7, 2008

2958_rns_2008-04-07_d40a5a52-f8cc-473a-9cea-ef97d6e70eb9.pdf

Management Reports

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PRESS INFORMATION

Date Reference 2008-04-07 CU 08:023 E

Page 1 (1)

Saab Denmark A/S starts negotiating staff cuts at the Copenhagen office

The Danish Defence Acquisition and Logistics Organization (FMT) terminated a contract, regarding a Command and Control System called DACCIS, with Saab in February. Negotiations with representatives for the staff will now begin.

The process could result in about 60 people, earlier involved in the DACCIS project, getting notice. The negotiations are expected to be completed within three weeks.

The staff affected is mainly based at the Copenhagen office. Saab Denmark A/S other activities in Denmark are not affected.

Saab serves the global market with world-leading products services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers' changing needs.

For further information, please contact:

Toni Eriksson, Press Secretary, Saab Tel: +46 (0)8 463 00 18, +46 (0)734 18 00 18

www.saabgroup.com

Saab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.05 on April 7.

Registered number Internet

556036-0793 www.saabgroup.com