SAS AB (publ) adjusts conversion price on SEK 1.60 billion convertible bonds due 2015

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SAS AB (publ) adjusts conversion price on SEK 1.60 billion convertible bonds due
2015

SAS AB (publ) ("SAS" or the “Company”) today announces that it has adjusted the
conversion price on its SEK1.60 billion of convertible bonds due 2015 with an
annual coupon of 7.5 per cent (the "Bonds"). The adjustment was undertaken based
on Section 6 (b) (iv) of the Terms and Conditions of the Bonds due to the
SEK4,959,675,000 rights issue approved by the Annual General Meeting of the
Company on 7 April 2010.

Following the adjustment, the Bonds will carry a conversion price of SEK1.55.
Besides the conversion price, all other terms of the Bonds remain unchanged.

This announcement does not constitute or form part of an offer to sell or the
solicitation of an offer to subscribe for any securities of SAS. 


For further information, please contact 
Sture Stølen, Head of SAS Group Investor Relations, +46 70 997 1451


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 9 April 2010, at 08.00 CET.


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