Saab's general meeting approves employee share matching plan

Saab's general meeting approves employee share matching plan

The Annual General Meeting of Saab AB on Thursday approved the Board's proposal
of a share matching plan for all Group employees.

The purpose of the plan is to encourage good performance by employees and
increase the Group's attractiveness as an employer. The plan comprises a maximum
of 1,000,000 Series B shares. The Board's intends to propose long-term incentive
programs in accordance with the adopted proposal in 2008 and 2009 as well.

The AGM adopted the proposed dividend to shareholders of SEK 4.25 per share. The
record day of Tuesday, April 17, 2007 was approved as well. The dividend is
expected to be paid out on Friday, April 20, 2007. 

Saab's AGM also authorized the Board to decide on repurchases and transfers of
the company's shares. 

Directors Erik Belfrage, Lennart Johansson, Peter Nygårds, George Rose, Per-Arne
Sandström, Åke Svensson, Lena Treschow Torell and Marcus Wallenberg were
reelected, while Michael O'Callaghan from BAE Systems was elected as a new
director, replacing Stephen Henwood, who declined reelection.

Marcus Wallenberg was reelected as Chairman of Saab AB.

For further information, please contact
Peter Larsson, Press Secretary, phone +46 8 463 00 18, +46 734 18 00 18 
Anne Gynnerstedt, Group Senior Vice President, Legal Affairs and Secretary of
the Board, phone +46 8 463 01 41

www.saabgroup.com


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 continuously develops, adopts and improves
new technology to meet customers' changing needs.