Scania Reports Strong Fourth Quarter Order Intake; Bookings up 31 Percent in October-November

STOCKHOLM, Sweden--At today’s Capital Markets Day, Per-Erik Lindquist, head of Franchise and Factory Sales, confirmed that Scania’s (STO:SCVA) (STO:SCVB) order bookings remain strong.

“The continued strong underlying demand for transport capacity is reflected in a high order intake. The major part of the increase comes from European markets, which supports our conviction of customers’ preference in EGR-technology as the best choice for the emission level Euro 4, which became compulsory on 1 October,” said Per-Erik Lindquist.

There is a shortage of transport capacity in Europe, and the supply of used vehicles is limited.

Scania is one of the two manufacturers in Europe that provide EGR-engines for Euro 4. Recently, the Dutch transport company Vos Logistics ordered 1,000 Scania tractors with EGR of Euro 4-version.

“We have delivered more that 12,000 vehicles equipped with EGR-engines. Our EGR-technology has a proven record of excellent fuel consumption, good reliability and simplicity to handle – it’s just to add diesel.

“With this strong order intake, we are now booking orders for deliveries in the second quarter of next year,” said Per-Erik Lindquist.

Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company’s operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 32,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production plants are located in Europe and South America, with facilities for the global exchange of both components and finished vehicles. In 2005, revenue totalled SEK 63.3 billion and net income amounted to SEK 4.7 billion.

Scania’s press releases are available on the Internet at www.scania.com.

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