SAS - Capital/Financing Update 2014

Publication of prospectus regarding issue of preference shares in SAS

As previously announced today, SAS AB ("SAS") has resolved to launch an

offer to institutional investors and the general public in Denmark,

Norway and Sweden of approximately 4 million preference shares totalling

approximately SEK 2 billion.

The Board of Directors of SAS has prepared a prospectus regarding the

offer and the listing of the new preference shares on NASDAQ OMX

Stockholm, which has been approved by the Swedish Financial Supervisory

Authority. The prospectus is available on SAS's website,

www.sasgroup.net under Investor Relations, on the website of Carnegie

www.carnegie.se, on the website of Nordea, www.nordea.se under

Sparande/Handla och placera, and on the website of SEB

www.seb.se/prospekt. The prospectus can also, to the extent permissible

under applicable securities regulations, be ordered from Nordea by

telephone: +46 8 534 921.

An information brochure will be distributed on or around 10 February

2014 to shareholders in Scandinavia who are directly registered with

Euroclear Sweden AB, and an information letter will be distributed to

Scandinavian shareholders registered with Danish VP Securities or

Norwegian VPS, with further information on how to participate in the

offer. The information brochure is also available on the website of SAS,

www.sasgroup.net, under Investor Relations. Shareholders with nominee

registered shares should contact the relevant nominee for further

information and instructions.

For further information:

Press Office telephone: +46 8 797 2944

SAS Group Investor Relations

SAS discloses this information pursuant to the Swedish Securities Market

Act and/or the Swedish Financial Instruments Trading Act. The

information was provided for publication on 7 February 2014 at 14.00

CET.

AI assistant