The SAS Group Annual Report for 2007 approved

At a Board meeting today in SAS AB the SAS Group’s and the Parent Company SAS AB’s Annual for 2007 report was presented and approved.

The full 2007 SAS Group Annual Report is now available as a .pdf file on the Internet, www.sasgroup.net under Investor Relations/Shareholders Meetings and a printed version will be distributed to shareholders and other stakeholders.

Proposed dividend

The SAS Group’s dividend policy is that 30-40% of income after tax is to be distributed to the shareholders. The Board of Directors is, however, proposing to the Annual Shareholders’ Meeting that no dividend is to be paid to the shareholders for the 2007 fiscal year. This is motivated by that financial flexibility is of major importance in managing future restructuring measures and investments.

Annual General Shareholders’ Meeting

The Annual General Shareholder’s Meeting in SAS AB will be held on April 9th 2008, at 3 p.m. CET at SAS Group Head Office, Frösundaviks allé 1 in Solna. Shareholders are also entitled to participate in the Annual General Shareholder’s Meeting from venues in Copenhagen (Radisson SAS Falconer) and in Oslo (Radisson SAS Plaza Hotel).

For further information please contact:
Sture Stølen, VP Head of SAS Group Investor relations, + 46 8 797 1451

SAS GROUP INVESTOR RELATIONS
www.sasgroup.net