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SAS Group announces year-end capital gain for Rezidor shares and remaining holding of 6,7%

December 21, 2006 11:31

The SAS Group announces that, in connection with the initial public offering (the “Offering”) of shares in Rezidor by SAS AB (publ) (“SAS”), SAS Group has provided the banks part of the over-allotment option. SAS Group’s current remaining holding is 6.7% of the shares in Rezidor. The net proceeds and capital gain from the sale of Rezidor in 2006 are estimated to approximately MSEK 5 100 and MSEK 4 200, respectively.

The Offer Price of Rezidor Ordinary Shares was set at SEK 52 on 28 November 2006 and the closing
price on December 20 was SEK 55. At this price, the market value of SAS’s remaining holding in
Rezidor is approximately MSEK 550.

SAS GROUP INVESTOR RELATIONS

For additional information, please contact:
Sture Stölen VP, Head of SAS Group Investor Relations +46 70 997 1451

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America. The materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. There is no intention to register any portion of the offering in the United States of America or to conduct a public offering of Securities in the United States of America.

The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This communication is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49 (2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.in the United States.

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