Saab delivers first Airbus component

Today at a ceremony in Linköping, Saab AB delivered the first pair of
Pressurized Lateral Floor to Airbus´s French partner Aerospatiale Matra. The
units, which weigh approx. 400 kg each, are intended for the new A340-500/600
Airbus aircraft. The delivery is the first in a series of components for
Airbus, and the total order value for the floorings is approx. USD 75 million.

"This is an historic day, as it is Saab's first ever delivery to Airbus, an
order we won in stiff competition with other suppliers," says Pontus Kallén,
General Manager of business unit Collaborative Programs. He continues,
"Aerospatiale Matra gave us a design specification, and Saab itself was
responsible for development, design and production of the unit based on this.
The fact that we were entrusted with this is a clear indication of our great
expertise in commercial aircraft, as well as our competitiveness."

When Saab decided to terminate production of regional aircraft in December
1997, it was also decided to intensify efforts to become a partner of major
commercial aircraft manufacturers, and Saab has already received orders from
both Boeing and Airbus.

Saab will deliver assemblies as parts for engine nacelles, landing gear doors
and floor structures. In total, Saab has received orders for Airbus components
worth some USD 200 million, just over SEK 1.6 billion.

Saab AB is active in the aerospace- and defense industry and supplies advanced
products and systems based on sophisticated information technology. The
business areas are Military Aerospace, Space, Training Systems, Commercial
Aircraft and Combitech.

A picture of the floor structure is available at www.saab.se/imagebank

For further information, please contact:
Pontus Kallén, General Manager, Collaborative Programs, Saab AB tel +46
13-18 49 26
Stellan Eklöf, deputy General Manager, Collaborative Programs, Saab AB tel
+46 13-18 25 57
Anders Annerfalk, Director,
Corporate Communications and Public Affairs, Saab AB tel +46
13-18 20 22

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