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The Board of Scania will issue recommendation on Porsche offer on 3 February

The Board of Scania AB (publ) has received the mandatory offer by Porsche Automobil Holding SE to the shareholders of Scania.

The Board will in accordance with the Takeover Rules of the NASDAQ OMX Nordic evaluate the offer with the assistance of two independent advisers and will issue its recommendation to the shareholders on the offer together with so called fairness opinions from the advisers in connection with the release of Scania’s Year-End Report for 2008 on 3 February 2009.

For questions, please contact:

Erik Ljungberg, Senior Vice President, Corporate Relations, tel +46 8 553 835 57,

mobile +46 73 988 35 57.