Saab's agreement regarding technical and maintenance operations for air ambulance comes into force

Saab's agreement regarding technical and maintenance operations for air
ambulance comes into force

Yesterday, the agreement signed between defence and security company
Saab and Scandinavian Air Ambulance Holding AB (SAA) in December 2010
came into force. At the same time, an order in this eight-year contract
was received, worth MSEK 225.

The agreement that was signed at the end of last year means that Saab
assumes responsibility for SAA's technical and maintenance personnel and
operations for their helicopters and aircraft. Beginning in 2011, the
contract is estimated to bring in annual revenues of around MSEK 50
during the contract period.

Scandinavian Air Ambulance conducts its missions today with a fleet of 8
aircraft and 7 helicopters. The company includes a number of Swedish
counties and municipalities among its customers, with the majority of
contracts based on long-term agreements. Ambulance helicopters may also
be used for Search and Rescue (SAR) missions, for example in air, sea
and mountain rescues.

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,
adapts and improves new technology to meet customers' changing needs.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018, presscentre@saabgroup.com

www.saabgroup.com (http://www.saabgroup.com/)

The information is that which Saab AB is required to declare by the
Securities Business Act and/or the Financial instruments Trading Act.
The information was submitted for publication on March 2 at 14.00.