Court ruling by Court of Appeal (Lagmansrett) in Oslo in dispute between SAS and Norwegian

Court ruling by Court of Appeal (Lagmansrett) in Oslo in dispute between SAS and
Norwegian

SAS was by the ruling of the district court of Asker og Bærum obligated to pay
damages of NOK 132 Million plus legal costs of NOK 6 Million. The damages
concerned Norwegians' claimed losses incurred as a result of Braathens, during
the period September 2002 until March 2004, improperly used information
regarding Norwegian via the Amadeus booking system and that SAS Group had
received an e-mail from a travel agency employee allegedly containing business
secrets. SAS Group appealed the ruling claiming that Norwegian had not suffered
any financial losses as a result of these events. Norwegian also appealed and
claimed higher damages than the awarded sum. 
        

The Court of Appeal (Lagmansretten) Oslo ruled on 16 March 2010 that SAS Group
shall pay damages totaling NOK 160 Million plus legal costs. For SAS, this will
have a negative effect on results and liquidity of approximately SEK 200
Million.


- We are disappointed by the ruling of the Court of Appeal. We had hoped that
this matter had been resolved by this ruling, however, we note that it was not
unanimous and we will now examine the ruling further to evaluate whether it
should be appealed, says Mats Jansson, President and CEO. 




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For more information, please contact:
SAS Press service + 47 64 81 88 00

SAS discloses this information pursuant to the Swedish Securities Market Act
and/or the Swedish Financial Instruments Trading Act. The information was
provided for publication on March 16, 2010, at 5:35 pm CET