Saab AB utilizes repurchase authorization to guarantee Share Matching Plan

Saab AB utilizes repurchase authorization to guarantee Share Matching Plan

The Annual General Meeting 2007 of Saab AB (Saab) resolved to authorize the
Board of Directors to decide to repurchase the company's shares in order to
guarantee the Share Matching Plan 2007. Saab is announcing that the Board has
decided to utilize its authorization for this purpose.
Acquisitions will be made on the Stockholm Stock Exchange (Stockholmsbörsen) at
a price that falls within the registered share price range at the time.
Acquisitions can be made from June 8, 2007 until the conclusion of next year's
Annual General Meeting. However, no acquisitions will be made during the 30-day
period prior to the public release of quarterly reports, including the date of
release.
Saab currently owns none of its own shares. The total number of Saab shares
currently in issue is 109,150,344. The highest number of shares which are
intended to be repurchased is 1,000,000.



For further information please contact:
Anne Gynnerstedt, Group Senior Vice President Legal Affairs, Saab AB	
Tel: +46 (0)8-463 01 41. Mobile: +46 (0)734-18 71 41

www.saabgroup.com

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.