The reduction of the share capital decided at Scania's Annual General Meeting on 4 May has now been completed and registered at the Swedish Companies Registration Office. The reduction constitutes of the redemption of the 26,296,508 own A-shares Scania received in Ainax AB's liquidation. This means that the total number of Scania A-shares now has been restored to 100 million.

Ainax AB's Annual General Meeting on 6 March decided upon immediate voluntary liquidation. The Liquidator's work is estimated to be finalised during the autumn, which means that the distribution of Ainax's remaining assets will occur around the end of the year 2006.

For further information, please contact Stina Thorman, Head of Investor Relations, telephone +46 8 553 837 16. 

Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company's operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 30,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production plants are located in Europe and South America, with facilities for the global exchange of both components and finished vehicles. In 2005, revenue totalled SEK 63.3 billion and net income amounted to SEK 4.7 billion.