Saab sells Applied Composites AB to British Chelton Limited

Saab has sold its Applied Composites AB subsidiary in Linköping to the
British company Chelton Limited.

Applied Composites develops and manufactures components made of advanced
composite materials, mainly for the aviation and defense industries.

"The sale is a part of the Saab Group's effort to focus on its core
activities," says Ove Karlsson, who is coordinating the sale of Applied
Composites at Saab.

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

For additional information, please contact:
Ove Karlsson, Tel, 016-16 90 01, 073-668 15 29
ove.karlsson@saab.se

Björn Thundal, CEO, Applied Composites AB, 013-20 97 00
bjorn.thundal@acab.se

www.saab.se



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