Saab delivers new anti-tank weapon to Finland

Saab has received an order from Finland for the new anti-tank weapon NLAW. The order is valued to 38 million Euros.

Finland is the first export customer for NLAW (Next Generation Light Anti-tank Weapon). NLAW will be delivered to Finland during 2009.

NLAW is a light, one-man-portable, disposable, guided fire and forget anti-tank weapon, developed for Sweden and Great Britain. Deliveries to both of the countries will start 2008. NLAW is developed by Saab Bofors Dynamics, Sweden, and manufactured by Thales Air Defence Ltd., Northern Ireland.

Finland has followed the development since 2004 and NLAW has thoroughly been evaluated and tested by the Finnish defence forces.

“This is strategically important and opens up for further export of NLAW”, says Jim Nilsson, Marketing Director at Saab Bofors Dynamics. “The Finnish customer is known to carry out extensive and thorough studies and evaluations before acquisitions and the decision to obtain NLAW is seen as a great success.”

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:
Anders Florenius, Group Senior Vice President, Corporate Communications
Tel. +46 (0)734-18 72 41
Peter Larsson, press secretary, Saab
Tel: +46 (0)8-463 00 18, +46 (0)734-18 00 18

www.saabgroup.com

Saab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12.00 on December 20, 2007.