Saab receives FMV Gripen order for Thailand

Saab receives FMV Gripen order for Thailand

Defence and security company Saab has received an order from FMV
(Swedish Defence Material Administration) for six Gripen aircraft
intended for the Royal Thai Air Force. The order is worth approximately
2,2 billion SEK.

The six Gripen aircraft are of the single-seat C version and the project
duration is between 2010 -2013. They are part of an intergovernmental
business transaction where FMV, as representative of the Government of
Sweden, sells an integrated air-defence system based on products
manufactured by Saab, including Gripen.

Saab's role in this business transaction is to, as an FMV sub-supplier,
deliver the ordered Gripen aircraft and to upgrade the Saab Erieye radar
system equipped Saab 340 that FMV is selling to Thailand.

The order is a follow-up to an earlier order from 2008 when FMV ordered
six Gripen intended for Thailand.

“The order strengthens the co-operation between Thailand and Sweden. It
also serves as further proof of Saab's ability to deliver sophisticated
integrated defence systems as well as strengthening international faith
in the Gripen system,” says Håkan Buskhe CEO of Saab.

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:

Saab Press Centre, +46 (0)734 180 018

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

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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 November 23 at 13.00.