Nomination procedure for Scania AB (publ) ahead of the 2004 Annual General Meeting


SODERTALJE, Sweden, Nov. 07, 2003 (PRIMEZONE) -- In accordance with the decision taken at Scania AB's Annual General Meeting on 25 April 2003, notice is hereby given that the following are the representatives of the company's largest shareholders (excluding AB Volvo) with whom Chairman of the Board Dr. Bernd Pischetsrieder and Vice Chairman of the Board Mr Clas Ake Hedstrom shall hold discussions and joint consultations on nomination of candidates for the Board:

Claes Dahlback, Investor Lars Otterbeck, Alecta Carl-Olof By, Industrivarden Peter Rudman, Nordea

Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 28,200 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 2002, turnover totalled SEK 47,000 million and the result after financial items was SEK 3,700 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden.

Scania press releases are available on the Internet, www.scania.com

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/11/07/20031107BIT00220/wkr0001.doc

http://www.waymaker.net/bitonline/2003/11/07/20031107BIT00220/wkr0002.pdf



            

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