SAAB: INTERIM REPORT January - June 2006

STOCKHOLM, Sweden--July 14, 2006--SAAB (STO:SAABB):

-- Sales SEK 9,456 m. (8,433)

-- Net income for the period SEK 729 m. (386)

-- Earnings per share SEK 6.56 (3.52)

-- Operating income SEK 953 m. (570), income after financial items SEK 936 m. (544)

-- Order bookings SEK 15,580 m. (6,962)

-- Order backlog 48 billion (43)

"The first half year 2006 was a very successful period for Saab. Income was stable, order bookings were high and we completed strategic acquisitions of major importance to the future. At mid-year Saab had its largest order backlog ever" says Saab President and CEO, Ake Svensson.

Press conference
with CEO Ake Svensson and CFO Lars Wahlund
Today, Friday, July 14, 2006, 9:30 a.m. (CET)
World Trade Center, Stockholm
Contact Peter Larsson, Press Secretary, tel +46-734-18 00 18

International teleconference:
Today, Friday, July 14, 2006, 4.00 p.m. (CET)
Contact Marita Siden to register and for further information
tel +46-13-18 71 49, +46-734-18 71 49