International support for Gripen offset proposal in Poland

INTERNATIONAL SUPPORT FOR GRIPEN OFFSET PROPOSAL IN POLAND

Gripen International, a company jointly owned by Sweden's SAAB AB and
BAE SYSTEMS of the UK, has organized a two-day Gripen Vendor Conference
in Kraków on 13-14 May. The event has been attended by many
representatives of the leading European, American and South African
companies who are involved in the manufacture of the Gripen NATO-
interoperable new generation multi-role fighter.

Representatives of some twenty-five defense and aerospace companies from
Sweden, the UK, France, Germany, the USA and South Africa have visited
Kraków to demonstrate their full commitment to the sale of Gripen to
Poland and underline their readiness to participate in the accompanying
economic compensation programs. During the conference, Gripen vendor
companies have had an opportunity to meet representatives of the Polish
defence and aerospace industry who could benefit through the procurement
of Gripen, which will meet Poland's national and NATO defense needs in
the next 30-40 years. Almost 150 delegates attended the symposium,
including the British Ambassador Michael Pakenham and the Swedish
Ambassador Mats Staffansson who represented their respective
government's full support to the Gripen campaign in Poland.

Ian McNamee, Gripen International's Managing Director, said: "The Gripen
Vendor Conference has been an excellent opportunity for our industrial
team to further develop relations with Polish defense and aerospace
companies and assess their advanced capabilities. We are confident that
Polish industry and thus the economy will benefit from Gripen sales to
Poland and, consequently, from co-operation and partnership with the
broad international network of Gripen partners.

"We believe that we have the most advanced and capable, fully NATO-
interoperable product to offer to Poland, at a most competitive price
and with the lowest life-cycle costs. With the full support of the
Swedish and UK governments, we are able to submit a very attractive
financial solution for Poland. We also have a very strong team of
international suppliers who are determined to offer the best proposal
for industrial co-operation," added McNamee.

The Gripen team has already a well-established industrial base in Poland
and activities that currently amount to around $US 60 million. If Gripen
is selected, it is committed to providing Polish companies with long-
term benefits well beyond the delivery programme of the aircraft. Gripen
International and its partner companies have already signed Memoranda of
Understanding with a considerable number of Polish companies. These
include for in-country final assembly and manufacture of Gripen parts
and components, and for other proposals not directly linked to the
production of Gripen .

Gripen partners SAAB AB and BAE SYSTEMS have a unique record within the
aerospace and defense industry of always meeting their offset
obligations. To date, programs in over 30 countries have been
implemented with a total value in excess of US$22 billion.



(2)

Gripen vendor companies who have attended the conference in Kraków
include:
Sweden: Gripen International, Saab Aerospace, Saab Avionics, Volvo Aero
Corporation, Ericsson Microwave Systems, Aerotech Telub, Amphenol
Scandinavia, Commercial Programmes.
UK: BAE SYSTEMS, Flight Refuelling, Martin Baker Aircraft Co., Meggit
Aerospace Equipment, Page Aerospace, Pilkington Aerospace, The Hymatic
Engineering Comp
France: ALKAN
Germany: Mauser Werke
USA: General Electric, Honeywell, Kaiser Aerospace & Electronic Co.
South Africa: Denel, Grintek

Notes to editors:
Gripen is the first fourth-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 dual-seaters), Gripen has also been ordered by
the South African Air Force (28 aircraft) and Hungary has signed an
agreement with the Swedish government for the lease of 14 Gripen
fighters. Gripen has also recently been selected to meet the national,
NATO and European defense needs of the Czech Republic, which has a
requirement for 24 fighters.

Gripen International has begun negotiations with the Polish government,
which is looking to procure 48 new fighters. An offer has been submitted
to the Brazilian government based on the supply of 12-24 new Gripen and
to the Austrian government, which has a requirement for up to 30 new
Gripen.

Further information is available from:
Owe Wagermark, Senior Vice President Communications, Gripen
International
Tel: +46 13 18 4014Mobil: +46 70 889 60 00 Fax: +46 13 18 0055
owe.w...@saab.se

Joanna Sjölander, Communications Manager, Gripen International
Tel.: +46 13 18 4191 Mobil: +46 70 889 54 94 Fax: +46 13 18 0055
joanna...@gripen.com
www.gripen.com

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