The SAS Group's annual report 2008

The SAS Group's annual report 2008

At a Board meeting today at SAS AB the SAS Group's and the Parent Company SAS
AB's Annual Report for 2008 report was approved. 

The full 2008 SAS Group Annual Report is now available as a .pdf file on the
Internet, www.sasgroup.net under Investor Relations/Reports and
presentations/Annual reports and a printed version will be distributed to
shareholders and other stakeholders.

Proposal regarding dividends 

The Board of Directors proposes to the Annual General Meeting that no dividends
be paid to SAS AB's shareholders for the 2008 fiscal year. The reasoning behind
this proposal is the weak financial position and cash flow of the SAS Group,
which is why it is essential to have financial scope at our disposal to manage
future restructuring and investments.

The Annual General Shareholder's Meeting

The Annual General Shareholder's Meeting in SAS AB will be held on March 31st
2009, at 2 p.m. CET at SAS Group Head Office, Frösundaviks allé 1 in Solna.
Shareholders are also entitled to participate at the Annual General
Shareholder's Meeting from venues in Copenhagen (Radisson SAS Scandinavia) and
in Oslo (Radisson SAS Plaza Hotel). 



For further information please contact: 
Sture Stølen, VP Head of SAS Group Investor relations, + 46 8 797 1451