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Saab's Chief Financial Officer leaves his position

Defence and security company Saab's Chief Financial Officer (STO:SAABB)(CFO) Lars Granlöf leaves his position in February 2012.

Lars Granlöf has been Senior Vice President and CFO at Saab since June 2007 and is member of the company's Group Management.

"Lars Granlöf's competence has been a great asset for Saab and he has been a driving force in the company's development. I want to thank him for his achievements and wish him the best of luck when he moves on," says Håkan Buskhe, President and CEO, Saab AB.

" It has been exciting and inspiring at Saab, but now it is time to think about new challenges," says Lars Granlöf, resigning CFO, Saab AB.

The process of appointing a new CFO for Saab has commenced.

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, adapts 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 8 December at 09.40.

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Saab's press centre,
+46 (0)734 180 018,
presscentre@saabgroup.com