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Scania proposes an increased dividend

Scania’s board of directors has decided to propose to the annual general meeting an increase of the dividend, for the accounting year of 1999, to SEK 7 per share (6:50).

Scania’s ordinary annual general meeting will be held 5:30 p.m. on Wednesday 24 May 2000 at Scaniarinken, Södertälje.

For further information, please contact:

Ulf Söderström, Corporate Communications, Tel + 46 8 553 810 44Oscar Stjerngren, Investor Relations, Tel + 46 8 553 836 57