New Senior Vice President Finance at Scania

New Senior Vice President Finance at Scania Ulf Egestrand has been appointed Senior Vice President Finance and member of the Scania Group Management. He takes up his new appointment on 1 January 2000. Ulf Egestrand came to Scania in 1998 as head of the company's treasury operations, having previously held the position of Managing Director at Saab Treasury AB in Linköping. Ulf Egestrand succeeds Jan Gurander, who is leaving Scania for a position as head of the Volvo Group's newly formed Finance business unit. For further information, please contact: Anita Bohlin, mobile +46 70-542 67 10. Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 23,500 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 1998, turnover totalled SEK 45,300 million and income after financial items SEK 3,200 million. Scania products are marketed in about 100 countries worldwide and approximately 96 percent of total production is sold outside Sweden. Scania press releases are available on the Internet, www.scania.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/11/19/19991119BIT00370/bit0001.doc http://www.bit.se/bitonline/1999/11/19/19991119BIT00370/bit0002.pdf

About Us

Scania is a world-leading provider of transport solutions. Together with our partners and customers we are driving the shift towards a sustainable transport system. In 2016, we delivered 73,100 trucks, 8,300 buses as well as 7,800 industrial and marine engines to our customers. Net sales totalled nearlySEK 104 billion, of which about 20 percent were services-related. Founded in 1891, Scania now operates in more than 100 countries and employs some 46,000 people. Research and development are concentrated in Sweden, with branches in Brazil and India. Production takes place in Europe, Latin America and Asia, with regional production centres in Africa, Asia and Eurasia. Scania is part ofVolkswagen Truck & Bus GmbH. For more information visit www.scania.com.

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