Saab Welcomes Legal Process

Business Wire, Oct 6, 2008

STOCKHOLM, Sweden -- Regulatory News:

Formal charges were brought today against the consultant who abused his access to confidential documents at Saab Microwave Systems (STO:SAABB) in Gothenburg.

"We view this incident very seriously and consider it positive that the case has come to trial so soon," says Cecilia Schon Jansson, Group Senior Vice President, Communications for Saab. "We have been cooperating closely and actively with the security services and the prosecutor."

The individual who has now been charged underwent a security assessment that included a register check with the security services, prior to appointment as a consultant at Saab. Everyone working at Saab undergoes a security assessment, the extent of which is based on the relevant position.

When the incident was discovered, Saab immediately contacted the security services and the Swedish Defence Materiel Administration (FMV) in accordance with the established security protocols. Since then, Saab has actively cooperated with the Police and prosecutor in their investigation.

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.

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