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Swedish Ministers Visit Saab Headquarters

From Jan-Willem Vester

Manager, Saab Automobile USA Corporate Communications
FYI, the release below was just issued by Saab in Sweden.  For more
information, including the world premiere of the Saab 9-3X in Geneva next
week, please visit media.saab.com under the global tab.  Thanks,

Jan-Willem

For Immediate Release: February 23, 2009

Swedish Ministers Visit Saab Headquarters

·       Swedish Minister of Industry and Minister of Employment visit Trollhättan
·       Constructive talks with Saab about a ?New Independent Saab?
·       Saab operates as usual

Trollhättan -- The Swedish Minister of Industry, Maud Olofsson and Sven
Otto Littorin the Minister of Employment travelled to Saab?s headquarters
in Trollhättan today, to discuss plans for a ?New Independent Saab?.  A
variety of topics were on the agenda including Saab?s reorganization
plans, short term funding plus strategies for attracting outside
investment.

Jan Åke Jonsson, Saab Automobile?s Managing Director said, ?I can report
that the discussions were constructive, open and made in good spirit.
During the meeting we laid out some of our plans to move forwards as an
independent entity and also our intention to concentrate Saab design,
engineering and manufacturing in Sweden.?

?With an all new 9-5, 9-3X and 9-4X all ready for launch over the next
year and a half, Saab has an excellent plan for strong growth.?

Saab will continue to operate as usual and in accordance with the formal
reorganization process.

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