SAAB — Regulatory Filings 2011

Nov 10, 2011

Saab signs additional Carl-Gustaf contract with Australia

The defence and security company Saab has received an order fromAustralia for ammunition to the Carl-Gustaf M3 weapon system. The order sum is MSEK 160.

It is theAustralian Defence Materiel Organisation (DMO) that has selected Saab to be the provider of various versions of 84 mm Carl-Gustaf ammunition.

"This shows the high level of trust Australia have for the Carl-Gustaf system. It is a strategic and important contract securing production as well as contributing to further development of the system" says Tomas Samuelsson, Head of business area Dynamics.

In late 2009 theAustralian Defence Force selected the Carl-Gustaf M3 weapon system after thorough evaluation as their future multi-purpose weapon system. The Carl-Gustaf weapon until now has been exported to more than 40 nations worldwide.

Manufacturing will be done by Saab in Karlskoga, Sweden, and deliveries take place within the next half year.

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 newtechnology to meet customers' changing needs.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018

www.saabgroup.com

The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments TradingAct. The information was submitted for publication on 10 November at 10.00.