Saab has acquired 99 percent of the shares in Celsius

and completes the
offer

The offer by Saab AB to acquire all of the shares in Celsius AB has been
accepted to such an extent that Saab now controls approximately 99 percent
of the shares and 99 percent of the votes in Celsius.

All the conditions for the offer by Saab as stated in the offer document
dated 30 November 1999 have therefore been met and Saab will subsequently
complete the offer. Saab intends to commence a compulsory acquisition
procedure shortly to acquire the remaining outstanding shares in Celsius.
Saab intends to accept offers from shareholders in Celsius to acquire
shares in Celsius on the market for not more than SEK 179. Such purchases
may cease without further notice.

Settlement for the shares submitted during the acceptance period will
commence on 3 March 2000.

For further information, please contact:
Lars Jagerfelt,Vice President,
Corporate Communications and Public Affairs, Saab AB tel +46 13 18 71 65
Agneta Kammeby, Investor Relations, Saab AB tel +46 13 18 71 25

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Please visit http://www.bit.se for further information
The following files are available for download:
http://www.bit.se/bitonline/2000/02/25/20000225BIT00650/bit0001.doc
http://www.bit.se/bitonline/2000/02/25/20000225BIT00650/bit0002.pdf
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