Saab Signs Contract with Brazil on Weapon Acquisition for Gripen NG

Defence and security company Saab and the Brazilian Ministry of Defence, through
the Aeronautics Command (COMAER), have signed a contract for Gripen NG weapon
acquisition. The total order value is approximately USD 245 million. The order
is expected to be booked by Saab during the second half of 2015.
The weapon acquisition contract includes weapon deliveries by Saab and suppliers
which have been selected by the customer, for the Brazilian Gripen aircraft. The
weapon deliveries will be made in relation to deliveries of the Gripen NG
aircraft to the Brazilian Air Force.

The contract supplements the existing contract with Brazil concerning
development and production of 36 Gripen NG, which was announced on 27 October
2014.

The effectiveness of the weapon acquisition contract is subject to fulfillment
of certain conditions. These include, among others, necessary export control
-related authorisations. All conditions are expected to be fulfilled during the
second half of 2015.

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018,

presscentre@saabgroup.com

www.saabgroup.com

www.saabgroup.com/YouTube

Follow us on twitter: @saab

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 24 April 2015 at 07.45 (CET).