Scania acquitted of suspected violation of UN's sanctions

Scania was acquitted on all counts in the state prosecutor’s indictment
regarding violation of the United Nations sanctions provisions in connection
with deliveries to Iraq during the years 2001-2003. This was the verdict given
by Södertälje district court today.
“I welcome the district court’s verdict of acquittal. The ruling is a great
relief for Scania and particularly for the two managers who were indicted,” says
Scania President and CEO Martin Lundstedt.

Scania was one of a number of Swedish companies that were included in the state
prosecutor’s investigation into suspected breaches of the UN’s sanctions
provisions. When the Saddam regime, in contravention of the sanctions
provisions, started to demand kickback payments in 2000, Scania stopped doing
business with the country and also informed the United Nations and Swedish
authorities of this.

Scania’s position, which has now also been confirmed by today’s verdict in
Södertälje district court, is that none of the company’s employees or former
employees breached the UN sanctions provisions.

For further information, please contact Hans-Åke Danielsson, Press Manager, tel.
+46 8 553 856 62
Scania is one of the world’s leading manufacturers of trucks and buses for heavy
transport applications, and of industrial and marine engines. Service-related
products account for a growing proportion of the company’s operations, assuring
Scania customers of cost-effective transport solutions and maximum uptime Scania
also offers financial services. Employing some 41,000 people, the company
operates in about 100 countries. Research and development activities are
concentrated in Sweden, while production takes place in Europe and South
America, with facilities for global interchange of both components and complete
vehicles. In 2013, net sales totalled SEK 86.8 billion and net income amounted
to SEK 6.2 billion. Scania press releases are available on
www.scania.com (http://www.scania.com/se)