Åke Svensson, new CEO and President of Saab

After eight years, Bengt Halse intends to take the opportunity, at the
age of 60, to step down from the post of chief executive and president
of Saab. He will be replaced by Åke Svensson, currently Head of business
area Saab Aerospace in Linköping. The changeover takes place on 14th
July this year, following presentation of the company's interim report
for the second quarter.

Åke Svensson has been head of Saab Aerospace since March 2000. He has an
MSc degree in Electrical Engineering from Linköping in 1976. After
graduation he started work at Saab Dynamics.

In 1998 he took over as head of Future Products and Technology - one of
three business units in the current Saab Aerospace. After the
acquisition of Celsius in March 2000 Åke Svensson became head of the
entire business area Saab Aerospace with responsibility for the
development and production of the Gripen Fighter Aircraft. He has long
been part of the Saab group management and is also Chairman of the IG
JAS Board and Member of the Board of Gripen International. Åke Svensson
was born in 1952.

After the changeover, Bengt Halse will continue to be involved in Saab
activities including the position as chairman of Saab's Strategic
Advisory Board.

Invitation to press conference
You are welcome to the press conference at Saab's head office in
Stockholm at the World Trade Center, Kungsbron 1, 6th floor, today 17th
January at 11.30. Anders Scharp, chairman of the Saab board, Åke
Svensson and Bengt Halse will take part.
Apply to: Agneta Holmberg, Phone: + 46 8 463 01 50.

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:
Iréne Svensson, Senior Vice President, Communications, Phone:
+ 46 705 35 08 18
Anders Stålhammar, Press Manager, Phone: + 46 8 463 01 75,
+ 46 70 889 70 96
www.saab.se

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