Information regarding the Spanair sales process

The SAS Group would like to make some clarifications regarding the development in the Spanair sales process.As communicated in the SAS Group Strategy plan, Strategy 2011, SAS is in a process of divesting Spanair. The target for the SAS Group is as communicated earlier to finalize this process before the end of second Quarter 2008.

The sales process continues with the interested parties with the same time target. If SAS does not reach a satisfactory solution regarding the divestment, SAS will abandon the current sales process and continue as a shareholder committed to ensure a profitable Spanair.

SAS will make its decision on this before the end of June 2008.

SAS Group Investor Relations

For further information, please contact
Sture Stölen, Head of Investor Relations, SAS Group, +46 8 797 1451