After BAE Systems Left Saab, Michael O'Callaghan Resigns From the Saab Board of Directors

Sweden—June 16, 2011:

Michael O’Callaghan, member of Saab’s (STO:SAABB) Board of Directors, has notified the Board of Directors that he with immediate effect resigns from his position as a result of BAE Systems’ sale of its shareholding in Saab AB.

Michael O’Callaghan was elected to the Saab Board of Directors at the Saab AB Annual General Meeting 2011 to replace George Rose as a representative for BAE Systems.

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