Arne Lindholm new President of Saab Nyge Aero

The Board of Saab Nyge Aero has appointed Arne Lindholm the new
President of the company from April 1, 2004. He succeeds Bengt Hörnsten,
who is retiring after successfully restructuring the company over the
past three years.

Arne Lindholm is 55 and has a solid background in aviation within the
Swedish Air Force and the Swedish Defence Materiel Administration. Arne
comes from Saab Aerosystems where he was head of the test flight
operation department.

"After five interesting, eventful years as head of the test department,
the time feels right to try something new. The post of President of Saab
Nyge Aero was an offer I couldn't resist, even though I will miss all
the amazing colleagues I've worked with."

Bengt Hörnsten will soon be 60, and he has enjoyed a successful career
both in the Air Force and in civil aviation. In his three years at Saab
Nyge Aero, Bengt has skillfully and successfully restructured the
operation and turned losses back into profit.

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

For further information please contact:
Bengt Hörnsten, Phone: +46 155 77110
Arne Lindholm, Phone: +46 13 181668
Heidi Wendt, Communications Manager, Saab Aerosystems, Phone: +46 13
180017 or +46 734180017

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