Saab Ericsson Space wins Hotbird 8 contract

Saab Ericsson Space AB in Gothenburg, Sweden, has signed an agreement
with EADS Astrium Ltd in Portsmouth, UK, for the supply of 26 Ku-band
downconverters for the Hotbird 8 satellite payload.

- We are happy to see signs of a market up-turn in commercial
satellite orders and pleased that we are among those world-class
suppliers capable of delivering the payload equipment needed, says Bengt
Mörtberg, president and CEO of Saab Ericsson Space.

Saab Ericsson Space has last year delivered 26 converters to EADS
Astrium for the Amazonas program and before that to the Intelsat X and
Eutelsat W3A satellites.

- We are looking forward to continue supplying converters to EADS
Astrium and also to other satellite builders that have not yet realized
our capabilities, adds Mörtberg.

The frequency converters now ordered are of a Saab Ericsson Space's
generic design for C- and Ku-band converters and receivers for FSS/BSS
payloads. To date, hundreds of units of this kind have been delivered.
The converters will be manufactured and tested in Saab Ericsson Space
facilities in Gothenburg for delivery in 2004.

Frequency converters and receivers are one of Saab Ericsson Space's key
products. Since the 1980s, the company has delivered to both commercial
and institutional programs in frequencies spanning from UHF to Ka band
and for applications in fixed or broadcasting services, mobile
communication and multimedia.

Hotbird 8 is a communication satellite ordered by Eutelsat. The
satellite will join Eutelsat's constellation of Hotbird broadcasting
satellites at 13 degrees east, providing television, radio and
interactive services in Europe, North Africa and in the Middle East.

Saab Ericsson Space is an international, independent supplier of space
equipment. The company's main products are computers, microwave
electronics and antennas for spacecraft and adapters and separation
systems for launchers. The company has its headquarters in Gothenburg,
Sweden, a division located in Linköping, Sweden, and subsidiaries in
Austria (Austrian Aerospace) and the USA (Saab Ericsson Space Inc). Saab
Ericsson Space has approximately 520 employees. The company is jointly
owned by Saab and Ericsson.

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For further information please contact:
Lars Nordfeldt, Director Communications & Public Affairs
Tel: +46 (0)31-735 4312, Cellular: +46 (0)736-68 03 12,
Fax: +46 (0)31-735 45 00

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