Saab signs an extension to the Counter-IED training contract with the British Army

Saab signs an extension to the Counter-IED training contract with the British
Army

Defence and Security company Saab has signed a two year extension for the
Collective Counter- Improvised Explosive Device Trainer (CCT) managed service
from the UK Ministry of Defence. The order amounts to £ 11.1 million (app. 125
million kronor).

This extension will ensure thatUKmilitary personnel continue to receive the very
best C-IED live training capabilities in theUKand abroad. By closely simulating
IED events in training, individuals and groups can better react and detect the
IED.  This extension clearly demonstrates the confidence the UK MoD has in Saab
in supporting this life saving training and evaluation.

“It is extremely rewarding to be able to provide training that helps saving
lives of men and woman working in a very complex environment. We are also glad
to see that more countries are interested in following the example of the UK MoD
to provide the best tools possible for the soldiers to perform a dangerous job
in the safest possible way,” says Henrik Höjer Managing Director Saab Training &
Simulation.

Since November 2010 Saab has supported C-IED training for allUKpersonnel
deploying on operations inAfghanistan. In addition Saab provides instrumented
live simulation for UK MoD training exercises inKenya,Canadaand theUKmainland.

Saab is proud of its continued support to the UK Armed Forces.

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, presscentre@saabgroup.com

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 March 16 at 10.00 CET.