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New Head of Finance at Scania

Jan Gurander, aged 36, has been appointed Senior Vice President Finance at Scania, with responsibility for Treasury, Trade Finance and Insurance, within the Finance and Business Control executive staff unit. He also takes up a position on Scania's Executive Management. Jan Gurander, MBA, has been head of Scania's Treasury unit since August 1995. He previously held several financial positions, e.g. at Investor Group Finance. He takes up his new appointment on 1 May 1998.

For further information, please contact Information Manager Thomas Skoglund, on telephone number 08-553 812 58, mobile phone 070-556 07 97.

Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 23,800 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 1997, turnover totalled SEK 39,700 million and profits after depreciation SEK 2,800 million. Scania products are marketed in about 100 countries worldwide and approximately 95% of total production is sold outside Sweden.