Incorrect information about underwriter’s clause
The Norwegian newspaper Finansavisen today publishes an article referring to an internal email in Widerøe, a subsidiary to SAS, and part of The SAS Group. The internal email states that three of the underwriting banks in the rights issue performed by SAS Group in April 2009 have a clause which gives them the right to withdraw from the rights issue if SAS does not meet certain financial targets in 2009.
The information is not correct. There exists no such clause or other clauses that are not disclosed in the rights issue prospectus.
SAS Group regrets that incorrect information in this way has been released.
The SAS group had as of 2nd Quarter a financial preparedness of SEK 11,4 billion and an equity of SEK 12 billion.For further information, please contact:
Sture Stølen: VP Head of SAS Group Investor Relations +46 8 797 1451