Scania welcomes a clear and long-term ownership structure


Today Volkswagen AG has announced that its offer to Scania’s shareholders has
been accepted to the extent that Volkswagen will hold more than 90 percent of
the shares in Scania. In view of this, Scania's President and CEO Martin
Lundstedt makes the following comments:

“Volkswagen has been our main owner since 2000 and has consistently given strong
support to Scania’s strategies, business model and investments. Following the
clarification of the ownership structure, Scania and its management team
welcomes the opportunity to accelerate our cooperation projects with Volkswagen
and MAN without restrictions and thereby create a successful, global commercial
vehicle alliance with strong identities for each brand.”

“With the new opportunities to use the common resources and competencies in the
Volkswagen Group, our ability to deliver profitable and sustainable solutions to
our customers will be improved further. This will also support our growth
strategy up to 2020.

“At Scania we will continue to develop our position as a centre of excellence
for commercial vehicles, services and solutions going forward.

“I am also convinced that all of our employees will benefit from becoming full
members of the Volkswagen family.”

For more information, please contact Erik Ljungberg, Senior Vice President,
Corporate Relations, tel +46 73 988 35 57.
Scania is one of the world’s leading manufacturers of trucks and buses for heavy
transport applications, and of industrial and marine engines. Service-related
products account for a growing proportion of the company’s operations, assuring
Scania customers of cost-effective transport solutions and maximum uptime Scania
also offers financial services. Employing some 41,000 people, the company
operates in about 100 countries. Research and development activities are
concentrated in Sweden, while production takes place in Europe and South
America, with facilities for global interchange of both components and complete
vehicles. In 2013, net sales totalled SEK 86.8 billion and net income amounted
to SEK 6.2 billion. Scania press releases are available on
www.scania.com (http://www.scania.com/se)

Attachments

05131293.pdf