Proposed Members of the Board to Saab's Annual General Meeting

Proposed Members of the Board to Saab's Annual General Meeting

Erik Belfrage, Lennart Johansson, Peter Nygårds, Michael O'Callaghan, George
Rose, Per-Arne Sandström, Åke Svensson, Lena Treschow Torell and Marcus
Wallenberg are proposed for re-election. Re-election is proposed for Marcus
Wallenberg as chairman. 

Sten Jakobsson is proposed for new election. He was born in 1949 and has since
1973 been active in ABB in different executive positions, above all within the
units of cable and voltage transmission. Since 2001, Sten Jakobsson is President
and CEO of ABB Sweden. He has also carried out the large restructuring of the
Swedish ABB organization during the years 2002-2003. His solid management and
leadership experience of complicated construction and development projects will
further broaden and supplement the competence of the board of directors. Sten
Jakobsson is board member of Teknikföretagen, Stena Metall AB and World
Childhood Foundation.

The proposed number of Board members is ten, with no deputy members.

The Nomination Committee members are Petra Hedengran, Chairman (Investor), Peter
Wallenberg Jr (Knut and Alice Wallenberg's Foundation), Mats Lagerqvist
(Swedbank Robur Funds), Nils Petter Hollekim (Odin Funds Norway) and Marcus
Wallenberg (Chairman of the Board of Saab).

Notice to attend the Annual General Meeting and an agenda is published in the
Swedish newspapers Svenska Dagbladet, Dagens Nyheter and Post och Inrikes
Tidningar on March 13, 2008 and online at www.saabgroup.com.

For further information, please contact:
Anne Gynnerstedt, Saab Group Senior Vice President, Corporate Legal Affairs, 
Telephone: +46 8 463 01 41, +46 734 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.

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 08.45 on March 13, 2008