Prof. Dr. Ferdinand K. Piëch proposed to the Board of Scania AB

Gunnar Larsson has notified the nomination committee of Scania that he is no
longer available for re-election to the Board due to other duties.

The
nomination committee of Scania proposes the election of Prof. Dr. Ferdinand K.
Piëch as member of the Board of Scania at the Annual General Meeting of Scania
which is held on Friday 4 May 2012.

Prof. Dr.Piëch is Chairman of the
Supervisory Boards of Volkswagen AG and MAN SE. He was Chairman of the Board of
Scania between 2000 and 2002 and member of the Board of Scania between 2002 and
2003.

For further information, please contact Erik Ljungberg, Senior Vice
President Corporate Relations, tel. +46 73 988 35 57.

Scania is one of the world’s leading manufacturers of trucks and buses for heavy
transport applications, and of industrial and marine engines. Service-related
products account for a growing proportion of the company’s operations, assuring
Scania customers of cost-effective transport solutions and maximum uptime.
Scania also offers financial services. Employing some 37,500 people, the company
operates in about 100 countries. Research and development activities are
concentrated in Sweden, while production takes place in Europe and South
America, with facilities for global interchange of both components and complete
vehicles. In 2011, net sales totalled SEK 87.7 billion and net income amounted
to SEK 9.4 billion. Scania press releases are available on www.scania.com