CSM Materialteknik to shed 20 personnel in Linköping

CSM MATERIALTEKNIK TO SHED 20 PERSONNEL IN LINKöPING

CSM Materialteknik AB has today given notice to the County Employment
Board regarding 20 white-collar employees in Linköping.

"Having to shed good co-workers is of course very unfortunate, but
necessary. The company will be doing its best to support the personnel
involved," says the company's President, Göran Lindström.

The action has to be taken as incoming orders, capacity utilization and
financial results decreased dramatically at the end of 2003, and
considering the present market situation there are no signs of
improvement in the immediate future.

The relevant union organizations have been informed.

CSM Materialteknik AB is a Saab company operating in Linköping and
Järfälla, Sweden. The company has 128 employees and performs testing,
consultation services and training within materials- and process technology.

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 capabilities in systems integration.

For further information please contact:
Göran Lindström, President, tel. +46 (0)13-169001 or cell +46 (0)734-189001

www.saab.se


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