Nomination Committee of Saab AB for the Annual General Meeting 2011

Nomination Committee of Saab AB for the Annual General Meeting 2011

According to a resolution taken at the Annual General Meeting of Saab AB
on April 15, 2010, the shareholder representatives who, together with
the Chairman of the Board, constitute the nomination committee are now
announced.

Members of the nomination committee:

Marcus Wallenberg, Chairman of Saab AB

Petra Hedengran, Investor

Peter Wallenberg Jr, Knut and Alice Wallenberg's Foundation

Erik Feldt, Nordea Investment Funds

Thomas Eriksson, Swedbank Robur Funds

The nomination committee will provide proposals to be submitted to the
Annual General Meeting for a Board of Directors, the Chairman of the
Board and of the Annual General Meeting, auditors, remuneration to the
Board and to the auditors, and appointment of a new nomination committee
for the Annual General Meeting 2012.

The nomination committee represents approximately 50 percent of the
voting rights of Saab AB based on the ownership structure as of August
31, 2010.

BAE Systems has abstained from its right to participate in the
nomination committee.

The Annual General Meeting of Saab AB will be held on Thursday, April 7,
2011.

Shareholders, who wish to submit proposals to Saab's nomination
committee, may do so via e-mail to the nomination committee:
 valberedningen@saabgroup.com (valberedningen@saabgroup.com) or by
ordinary mail to the address: Saab AB, Att: Nomination Committee, Box
70363, SE-10724 Stockholm, Sweden. Proposals have to reach the
nomination committee no later than February 4, 2011 at the latest to be
considered by the committee.

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.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018

Saab Investor Relations, Ann-Sofi Jönsson, +46 (0)734 187 214

www.saabgroup.com (http://www.saabgroup.com)

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 October 4 at 14.00.