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Further to SAS statement as of Sep 12 regarding the future of the SAS Group and current speculations of specific dates in the media:

September 23, 2008 14:40

SAS would like to reiterate the following:

SAS confirms that it is in the process of evaluating various structural possibilities for the Group. Within this process SAS is conducting talks about a possible structural solution.

It must be emphasized that no decisions have been made and no dates for such decisions are set at this point.

SAS GROUP INVESTOR RELATIONS

For further information:

Sture Stölen Head of Investor Relations: (46) 70 997 1451
Claus Sonberg EVP Corporate Communications & Investor Relations: (46) 70 997 1660

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