Saab serves notice to 25 employees at SaabTech in Jönköping

Saab has today notified the Employment Board in Jönköping County that it
is to serve notice to 25 employees at SaabTech in Jönköping, southern
Sweden. The measure affects both development engineers and
administrative personnel.

The move comes as several of the company's development projects begin to
draw to a close, with no new development orders of an equivalent scale
to replace them.

"It is regrettable that we have to make these personnel cutbacks. The
company will be doing its best to support the personnel involved. For
example, we are working to find new jobs at other companies in the
region," says Division Manager Ronny Nyqvist.

Negotiations have been entered into with the relevant union
organizations.

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:

Ronny Nyqvist, Division Manager,
Tel +46 (0)36-19 42 23, +46 (0)70-591 38 92

Anna Bergenlid, Head of Communications, SaabTech,
Tel +46 (0)8-580 853 06, +46 (0)73-437 53 06

www.saab.se


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