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Saab: Saab and ThyssenKrupp have signed a MoU on an acquisition of ThyssenKrupp Marine Systems AB

ThyssenKrupp Industrial Solutions AG, a subsidiary of ThyssenKrupp AG,
and Saab AB today signed a non-binding Memorandum of Understanding
concerning the sale of the Swedish shipyard ThyssenKrupp Marine
Systems AB (formerly named Kockums) with operations in Malmö,
Karlskrona and Muskö to Saab AB.

Both parties agree that during the negotiations phase, the integrity
and the operating ability of ThyssenKrupp Marine Systems AB must be
safeguarded. The transaction will be subject to regulatory approval.
The negotiations between Saab AB and ThyssenKrupp Marine Systems AB
are at an early stage and more information will follow.

The Memorandum of Understanding is in line with Saab's ambition to
expand its activities in the naval area and meets the needs of Sweden
for an industrial solution regarding design, production and
maintenance of submarines and warships. An acquisition of
ThyssenKrupp Marine Systems AB will enable Saab to meet this

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,

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 April 14 at 07.00.


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