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Press Release

Saab offers Gripen to the Indian Air Force

28 April 2008

In New Delhi today Saab handed-over its compliant response to the Indian Ministry of Defence Request for Proposal for 126 Medium Multi-Role Combat Aircraft (MMRCA) for the Indian Air Force.

Saab has offered the Indian Air Force the next generation Gripen, which includes increased combat range and endurance, a more powerful engine and super cruise capability, additional weapons carriage capability and increased payload. The Saab offer is supported by a long term programme of industrial co-operation and offset and of technology transfer. Saab’s international industrial network will provide substantial and long-term joint venture growth for the Indian aerospace and defence sector.

Saab President and CEO Åke Svensson stated “The compliant proposal submitted today, demonstrates our commitment to winning the Indian government’s MMRCA tender” he said. “I am confident that Saab has submitted the complete solution to India’s requirements. We are offering cutting edge, next generation combat aircraft and extensive industrial co-operation, including unrivalled access to key technologies, enabling autonomy and increased national security for India.”

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:
Owe Wagermark, Communications Director Gripen International (Gripen Demo)
Telephone: +46 (0)734-18 18 24
Toni Eriksson, Acting Press secretary, Saab AB
Telephone: +46 (0)734-18 00 18

www.saabgroup.com

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 28rd April at 8.15 AM.

This information was brought to you by Cision

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