Danish Defence Acquisition and Logistics Organization terminate contract with Saab

Danish Defence Acquisition and Logistics Organization terminate contract with
Saab 

The Danish Defence Acquisition and Logistics Organization (FMT), yesterday
terminated a contract with Saab regarding a Command and Control System called
DACCIS, aimed for the Danish Army. The FMT has also claimed Saab for some DDK
143 million. Development of the current version of DACCIS has been ongoing for
three years.

During the negotiation of an amendment, Saab and FMT have had different
perspectives of the prerequisites, however it's Saab's belief that the amendment
now can be implemented according to FMT's specifications and that the
development can continue in a dialog with the FMT. Saab does not see any ground
to terminate the contract.





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.

For further information, please contact:
Peter Larsson, Saab Press Secretary, +46 8 463 00 18, +46 734 18 00 18
peter.larsson@saabgroup.com 

www.saabgroup.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 15.50 on February 26, 2008.