Saab has acquired further shares in Celsius

Saab AB has purchased a further 3,645,725 B-shares in Celsius AB. The shares
have been purchased at an average price of SEK 176 per share

Following this purchase Saab owns a total of 5,135,155 B-shares, representing
approximately 18.3 percent of the share capital and approximately 9.3 percent
of the total votes in Celsius. Saab owns no A-shares in Celsius.

Saab's intention is to purchase all outstanding shares in Celsius as stated in
its offer to the shareholders in Celsius that was announced on 16 November
1999. According to the offer Saab is offering SEK 179 in cash for each A- or
B-share in Celsius AB. The acceptance period will remain open from 6 December
1999 to 23 February 2000 and the estimated first date of payment is 3 March

For further information, please contact:
Agneta Kammeby, Investor relations, Saab AB tel +46 13 18 71 25

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