Dividend

The Annual General Meeting approved the proposed dividend to the shareholders of SEK 5.50 per share. It approved Monday, 27 April 1998 as the record date for the dividend. The dividend is expected to be sent out by VPC, (the Swedish Securities Register Centre) on Tuesday, 5 May 1998.

Board of Directors and Auditors

Directors Anders Scharp, Claes Åke Hedström, Claes von Post, Mauritz Sahlin, Marcus Wallenberg and Leif Östling were re-elected. Peggy Bruzelius and Rolf Stomberg were elected as new Directors.

Auditors Caj Nackstad and Gunnar Widhagen, as well as Deputy Auditors Thomas Thiel and Björn Fernström, were re-elected.

Södertälje, Sweden, 22 April 1998

The Board of Directors

SCANIA AB