Saab signs contract for anti-ship missile armament for German Navy

Saab Bofors Dynamics has signed a contract with the German shipyards
Blohm + Voss, Fr. Lürssen Werft and Nordseewerke regarding the
integration of the anti-ship missile system RBS15 Mk3 for the German
Navy new corvettes of K 130 class. The contract value is approximately
120 million SEK (~13 million Euros).

"Once again the integration of RBS15 Mk3 on-board the German Navy
corvettes is a proof of trust for this anti-ship missiles system. The
fact that the German Navy selects RBS15 Mk3 is encouraging for
continuing international business, says Mr Tomas Samuelsson, President
Saab Bofors Dynamics.

A contract for an initial number of missiles is expected at the end of
this year. The ships are expected to be delivered to the German Navy
starting 2007.

RBS15 Mk3 is a further developed missile of RBS15 family, which are
operational with the Royal Swedish Navy and the Navies of several other
countries. The main differences to earlier versions are longer range and
significantly increased navigational accuracy.

Besides Germany and Sweden, also Poland has selected the RBS15 Mk3 as
anti-ship missile armament.

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:
Mr Gunnar Språng, Air/Sea Missile Systems, Saab Bofors Dynamics AB
Telephone +46 13 18 61 10, Mobile +46 734 18 61 10
E-mail gunnar.sprang@dynamics.saab.se

www.saab.se


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