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Saab receives significant order to the Carl-Gustaf system

Saab receives significant order to the Carl-Gustaf system

Defence and security company Saab has received a significant order for
ammunition to the Carl-Gustaf man-portable weapon system. The order
amounts to MSEK 1155.

The order comprises the production of anti-armor ammunition to the
Carl-Gustaf system. Delivery will start in September 2011 and continue
throughout 2012. The contract also includes an option that can give
further orders for up to approximately MSEK 500, with deliveries in
2013. Production will take place in Karlskoga, Sweden.

“The order is of large value for Saab, and is estimated to create
approximately 40 new job opportunities within Saab's production unit in
Karlskoga, as well as new jobs with our sub-suppliers,” says Tomas
Samuelsson, Senior Vice President and Head of Saab's business area
Dynamics.

The industry's nature is such that depending on circumstances concerning
the product and customer, information regarding the customer will not be
announced.

The Carl-Gustaf system has a long and successful history, but still
proves itself to be a highly modern and capable ground support weapon.
The system has successively been modernized and adapted to meet new
requirements. With the Carl-Gustaf M3 version Saab offer
state-of-the-art capability for demanding customers investing in the
future.

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

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 11 at 08.30.

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