Gripen international welcomes issue of Austrian request

GRIPEN INTERNATIONAL WELCOMES ISSUE OF AUSTRIAN REQUEST FOR PROPOSALS
FOR NEW FIGHTERS

Gripen International, the company in which Saab of Sweden and the United
Kingdom's BAE SYSTEMS have equal shares, has welcomed receipt of a
formal Request for Proposal (RFP) for up to 30 new fighters from the
Austrian government.

The company, which is responsible for the international marketing,
contract management and support of the Gripen new-generation swing-role
fighter, is confident of submitting a fully compliant response to the
Austrian government tender. This will be based on the supply of Gripen,
the world's most capable and cost effective combat aircraft in operation
today, supported by a longterm program of industrial cooperation and
offset.

"Gripen is a truly international fighter, containing the latest
technologies from a team of major European and American defense
suppliers," states Roger Lantz, Gripen director Austria. "We look
forward to the competition process and are confident that our industrial
and financial proposals will make Gripen the most affordable choice for
Austria."

The Gripen team's industrial program will meet the specific strategic
needs of the Austrian government and provide technology, export
promotion, job creation and inward investment among others.

Gripen International has already launched its first Austrian industrial
cooperation projects, including a medical research project involving
scientists from both Sweden and TU Wien in Austria and a project to
develop and manufacture advanced high technology aluminum products in
partnership with the Austrian company Alulight International GmbH.

"These initial projects are early examples of the broad program of
industrial cooperation, which will help create jobs and long-term growth
in a wide range of industrial sectors" comments Roger Lantz. "Gripen
partners Saab and BAE SYSTEMS are world leaders in the delivery of
economic compensation to support defense sales. To date, programs in
more than 30 countries have been implemented with a total value in
excess of US$22 billion."

(more)

Notes to editors:

Gripen is the first new-generation multi-role fighter in service world-
wide, designed to meet the demands of all current and future threats,
while at the same time meeting strict peace-time requirements for flight
safety, reliability, training efficiency and low operating costs.

Already in service with the Swedish Air Force, which has ordered 204
aircraft (including 28 two-seaters), Gripen has also been ordered by the
South African Air Force which has a requirement for 28 and has been
selected to meet the national, NATO and European defense needs of
Hungary.

On 31 May, the Gripen team was the only bidder to submit a fully
compliant response to the Czech government's tender for 24 or 36
supersonic, multi-role fighters. Last month it began negotiations with
the Polish government, which is looking to procure up to 60 new
fighters.

Gripen partner Saab has an excellent record in offset agreements in
Austria. The Austrian government has confirmed that 70 Austrian
companies have profited from industrial cooperation and offset
agreements associated with the purchase of the Saab Draken and that, in
the same period, business benefits well exceeded the agreed targets.

For further information please contact:
Marie Aktö, Manager Communications, Gripen International
Tel.: +46 (0) 13 184216 Mobile: +46 (0) 70 989 7110
marie...@saab.se

John Neilson, Vice President Communications, Gripen International
Tel.: +44 (0) 1252 384795 Mobile:+44 (0) 7802 337704
john.n...@baesystems.com

www.gripen.com / www.gripen.at


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