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Leif Östling’s contract extended

Scania’s Board of Directors has extended the President and CEO Leif Östling’s employment contract by three years, until 31 March 2012.

The terms and conditions of the new contract will remain essentially the same as in the current contract.

The Board of Directors believe that the extension of President and CEO

Leif Östling’s employment contract will secure stability and continuity for Scania,

to the benefit of all shareholders.

For further information, please contact Cecilia Edström, Senior Vice President Corporate Relations, tel +46 8 553 835 57.