Saab shareholders in Aker Holding AS

Saab shareholders in Aker Holding AS

After approval by the Norwegian Parliament (Stortinget), the creation of Aker
Holding AS is now completed. Saab's investment of 1.2 billion NOK gives a
shareholding of 7.5 percent. 

”The Nordic area, and not least Norway, is a very important market for Saab.
This investment lays the basis for extended collaboration with Norwegian
industry and thereby business opportunities for Saab”, says Saab's CEO Åke
Svensson.

After an invitation from the Norwegian government and Norwegian industry, Saab
decided to go in as a shareholder (7.5%) in Aker Holding AS. The deal was
announced on 22nd June this year and all the conditions are now fulfilled. With
a holding of 40.1 percent, Aker Holding AS is the majority shareholder in the
industrial group Aker Kvaerner ASA. 

Aker Kvaerner ASA is a leading global provider of engineering and construction
services, technology and integrated solutions to the oil and gas industry. In
combination with Saab's competence within civil security, underwater technology
and advanced command and control systems there is a significant potential for
expertise and experience exchange. This creates additional business
opportunities for Saab, but also between Sweden and Norway.
Saab's investment amounts to approx. NOK 1.2 billion, of which 80 percent is
financed via SEB. At the same time Saab's majority shareholder, Investor AB,
will become owner of 2.5 percent of Aker Holding AS, through its subsidiary
Investor Investments Holding AB. Investor's investment has a corresponding
financial arrangement. Saab's risk in the loan-financed part has been reduced by
agreement, which secures that part of the invested capital but limits potential
return. However, the investment is expected to generate a satisfactory
risk-adjusted return. Investor's investment has a corresponding financial
arrangement. The shareholders in Aker Holding AS have entered into an agreement
that regulates the relation between the shareholders for a period of ten years.
Investor and Saab have, however, the right to sell off their part of the
investment beforehand during certain specified times within that time.  Other
shareholders are Aker ASA (60 percent), and the Norwegian state (30 percent).
Saab and Investors representative in the board is Dan-Åke Enstedt, Group Senior
Vice President Saab AB.

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. 


Aker Kværner ASA is through its subsidiaries and affiliates 'Aker Kværner' a
leading global provider of engineering and construction services, technology
products and integrated solutions. 

For further information, please contact:
Peter Sandehed, Saab Group Senior Vice President, Treasury, 
Tel: +46 (0)13-18 21 12, +46 (0)734-18 21 12
Peter Larsson, Saab's Press secretary 
Tel: +46 (0)8-463 00 18, +46 (0)734-18 00 18

www.saabgroup.com
www.akerasa.com 
www.akerkvaerner.com 

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 08.15 on December 21, 2007.