Saab AB (publ) establish a Commercial Paper program

Saab AB (publ) establish a Commercial Paper program 

Saab AB (publ) 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.


For further information, please contact: 
Peter Sandehed, Senior vice President, Corporate Treasury & Risk Management
Tel: +46 (0)13 18 21 12, +46 (0)734 18 21 12
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 14.20 on February 29, 2008.