Lars Granlof New CFO for Saab

Saab (STO:SAABB) Strengthens its Management with the New Post of CFO (Chief Financial Officer). Lars Granlof will Be Responsible for the Structural and Economic Control of Saab.

"We must move onto the offensive and continue to meet our profit targets. I am sure that Lars Granlof will be an excellent addition to the Group management team", says Ake Svensson, Saab CEO.

The new post of CFO is part of the continuance effort for a more effective Saab that has been going on for several years, not least with several new major deals and important acquisitions. At present Lars Granlof is Chief Financial Officer (CFO) at Gambro, and will take up his position at Saab on the 1st of June 2007.

"Saab is a very exciting, high technology company with interesting products, which will be enjoyable to work with", says Lars Granlof.

Lars Granlof has worked at Gambro since the mid 1990s, and has been the CFO of the company since 1999. Under his leadership Gambro has received several awards for its financial work, including being selected as CFO of the year by the business magazine Affarsvarlden.

Besides the assignment of Lars Granlof, the structure of the Group Management will remain unchanged.

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.

www.saabgroup.com

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