Saab Ab Establish a Commercial Paper Program

Business Wire, Feb 29, 2008

STOCKHOLM, Sweden -- Saab AB (publ) (STO:SAABB) establish a Commercial Paper program which gives Saab AB (publ) the possibility to issue in SEK and EUR up to a maximum amount of SEK 3.000.000.000. The Commercial papers have a duration from one day but shorter than one year.

Arranger of the program is SEB which together with Danske Bank and Swedbank acts as Market makers. The purpose with the program is to enable borrowing from the capital market as an alternative to bilateral bank loans.

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.

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 14.20 on February 29, 2008.

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