Redundancy talks at Saab in Linköping complete

Negotiations between Saab AB and Metall - the Swedish Metalworkers'
Union - are now complete. Of the 60 people given notice on 26 January
this year, 39 employees will be leaving the company. Of these, 18 are
being offered retirement pension.

The main reason for the move is that Saab has made organizational and
structural changes, which have led to a reduced requirement primarily
for production and support functions.

"It is always sad to have to reduce the workforce. We will of course be
doing everything we can to support the people affected by the move,"
says Roger Lantz, Human Resources Director at Saab in Linköping.

The job losses relate to blue-collar employees in the legal entity Saab
AB in Linköping, which encompasses the business units Saab Aerosystems
and Saab Aerostructures, as well as Saab Support in Linköping.

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:
Heidi Wendt, Communications Manager, Saab Aerosystems,
tel: +46 (0)13-18 00 17, +46 (0)734-18 00 17

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