Members of Nomination Committee of Scania AB Appointed

STOCKHOLM, Sweden--Regulatory News:

In accordance with the decision by the Scania Annual General Meeting on 3 May 2007, each of the four largest shareholders in terms of voting rights has the right to appoint a member of the Nomination Committee. The following representatives have been appointed to the Nomination Committee of the company:

Gudrun Letzel, representing Volkswagen AG Lennart Johansson, Chairman of the Nomination Committee, representing Investor AB Ekkehard D Schulz, representing MAN AG Marcus Wallenberg, representing the Knut and Alice Wallenberg Foundation

MAN AG has decided to appoint a representative, although this is not in compliance with the recommendation in the Swedish Code of Corporate Governance that the nomination committee should not include any members who represent any of the company´s competitors.

The voting rights and shareholdings of these respective Scania shareholders are presented in the Ownership Structure list published under the heading “Investor Relations” on the company’s web site at www.scania.com.

Proposals for the Nomination Committee may be sent either by e-mail to nomination@scania.com or by fax to +46-8-553 855 59.

The Annual General Meeting for the financial year 2007 will take place on 5 May 2008.

Scania (STO:SCVA) (STO:SCVB) 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 32,800 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2006, invoiced sales totalled SEK 70.7 billion and the net income amounted to SEK 5.9 billion.

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

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