Saab Bofors Dynamics AB to shed 80 people in Karlskoga

Due to a reduced workload at the development unit in Karlskoga, the
company has today given notice to the County Employment Board in Örebro
regarding 80 employees.

"Naturally this is a painful decision to make, but we have to dimension
our resources in line with the reduced workload we are facing. We are
coming to the end of two major development programs, Bamse and Taurus,
and over the past two years we have received very little study and
development work," says Ingemar Andersson, President of Saab Bofors
Dynamics AB.

Saab Bofors Dynamics has approximately 700 employees in Karlskoga, 320
of whom are employed in the development unit.

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

For further information please contact:
Anders Florenius, Head of Communications, Saab Bofors Dynamics
Tel: +46 (0)586-812230, +46 (0)70-5823230

www.saab.se



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