Saab increases MTN programme and issues Floating Rate Notes

Defence and security company Saab (SAAB B) has on 30 September 2015 increased
the existing Medium Term Note programme (MTN) and issued two Floating Rate Notes
(FRN) of total MSEK 800.
Saab has as of 2009 a Medium Term Note programme in order to increase the
Group’s financial flexibility. The MTN programme has been increased from SEK 3
billion SEK 6 billion.

Two Floating Rate Notes have been issued under the MTN programme. One six-year
FRN of MSEK 400 with maturity on 8 October 2021, and a nine-year FRN of MSEK 400
with maturity on 8 October 2024. Thereby, Saab has issued bonds totaling SEK 3.8
billion.

The purpose of the transaction is to amortize short-term financing, which is in
line with Saab’s long-term financing strategy for the business.

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018,

presscentre@saabgroup.com

www.saabgroup.com

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Saab serves the global market with world-leading products, services and
solutions within military defence and civil security. Saab has operations and
employees on all continents around the world. Through innovative, collaborative
and pragmatic thinking, Saab develops, adopts 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 30 September 2015 at 12.15 (CET).