SAS — Director's Dealing 2010

Dec 8, 2010

Insider trading to close relatives in SAS Group December 7, 2010

Mats Lönnqvist, CFO, has on December 7 sold to a

close relative (his wife, Britt Lönnqvist) 50,000

shares in SAS AB to an average price of SEK 22.80

corresponding to a value of SEK 1,140,000.

Mats Lönnqvist total holding after the transaction

amounts to 0 shares. Britt Lönnqvist total holding

after the transaction amounts to 50,000 shares. The

family's total holding remains unchanged.

SAS Group Investor Relations