Saab signs GIRAFFE AMB multi mission radar contract

Saab signs GIRAFFE AMB multi mission radar contract 

Saab has signed a contract for delivery of five GIRAFFE systems to prime
contractor Lockheed Martin UK - INSYS, for the United Kingdom. The contract
value for Saab is in the region of GBP 30 million.

”We are pleased to be awarded this contract after a very thorough evaluation
process. This contract shows the strong position of the GIRAFFE AMB system on
the world market” says Lennart Joelsson, Senior Vice President and Managing
Director, Saab Microwave Systems.

The Saab GIRAFFE AMB is a part of Lockheed Martin's system solution for the
United Kingdom's LEAPP programme, Land Environment Air Picture Provision, which
is expected to enter service by 2012. The system is highly mobile and will
provide an air picture to land component headquarters, ground based air defence
and other units. This system solution was down-selected in August 2006 after a
competitive assessment phase including live system demonstrations.

The flexible GIRAFFE AMB multi mission radar system is Saab's continuously
evolving 3D battlefield surveillance radar, providing unmatched performance for
critical targets and proven reliability. It has significant logistic support
synergy with Saab's weapon locating radar ARTHUR, which has been in service with
the British Army as MAMBA since 2004. 

For further information, please contact:;
Evakarin Nilsson, Communications Director, Saab Microwave Systems 
Telephone: +46 31-794 87121, +46 734-37 87 12 

www.saabgroup.com


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 15.50 on April 2, 2008.

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.