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SAS Capital/Financing Update 2017

Apr 28, 2017

2961_iss_2017-04-28_92c03f36-ca19-406c-bbe9-d2eab062fc2c.html

Capital/Financing Update

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SAS finances 7 Boeing 737

SAS finances 7 Boeing 737

SAS has today completed financing of seven Boeing 737, which previously were

owned. The financing is undertaken through a so called Japanese Operating Lease

with Call Option (JOLCO).

The transaction will not have any earnings impact. The value of the transaction

corresponds to MUSD 101 and the cash has been transferred to SAS during the

second quarter 2016/2017.

SAS Investor Relations