Saab sells materials laboratory to the UK company Bodycote

Today, Saab has sold its wholly owned materials laboratory, Celsius
Materials Karlskoga AB (CMK) with operations in Karlskoga and Karlstad.
The purchaser is the UK listed materials technology group Bodycote acting
through its Swedish subsidiary, Bodycote Polymer AB.

The purchase is part of Saab's structuring of its operations following the
acquisition of Celsius. It will have a marginally positive effect on
income of the Saab group. The company has sales of approximately SEK 20
million per year and 22 employees.

The purchase follows a letter of intent from December 2000 and also
includes a long-term agreement of cooperation and supply of services
between Saab´s subsidiary CSM Materialteknik and the Bodycote Group.

"It is a profitable and well-run company with unique skills that will now
become part of the core business in the Bodycote Group, which is oriented
towards materials technology," says Per Ove Moberg, Manager of Saab's
business area Other Operations.

"The Bodycote Group is a world leader in materials technology. It has
operations in about 20 countries and more than 6000 employees, which means
excellent prospects of continued positive development for the company,"
says Derek Sleight, Director of Bodycote International PLC.

Saab is one of the world's leading high-technology companies, with its
main operations focusing on defence, aviation and space. The group covers
a broad spectrum of competence and capability in systems integration.

For further information, please contact:
Per Ove Morberg, Senior Vice President, Other phone +46 8 463 0069
Operations, Saab AB :
+46 70 622 8747

Lars Åberg, President Celsius Materials Karlskoga AB phone +46 586 81650
:
+46 70 6981650
www.saab.se


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