Saab issues 5 year Floating Rate Note

Defence and security company Saab (SAAB B) today issued a 5 year Floating Rate
Note (FRN) under the existing Medium Term Note programme (MTN). The FRN amounts
to MSEK 400, with maturity on 19 December 2019. The programme’s total size is
SEK 3 billion and in total Saab has now issued SEK 2 billion under the
programme.
The purpose of the transaction is to secure long-term financing of operations
and give Saab increased flexibility to finance operating activities and
continued acquisitions. Saab also has an unutilized Swedish commercial paper
programme of SEK 5 billion.

“Compared to our latest issue, which was made in June, both interest rate level
and credit spread has worked in our favour”, says Stefan Lind, Group Treasurer
at Saab.

The terms of the issue are three months STIBOR (Stockholm Interbank Offered
Rate) + 108 basis points.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018, presscentre@saabgroup.com

www.saabgroup.com

www.saabgroup.com/Twitter

www.saabgroup.com/YouTube

Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves new
technology to meet customers’ changing needs.

The information is that which Saab AB is required to declare by the Securities
Business Act and/or the Financial instruments Trading Act. The information was
submitted for publication on 10 October 2014 at 14.30 (CET).