The SAS Group Traffic Figures June 2007

SAS Group above 40 million passengers last 12 months

• SAS Group carried 4 million passengers in June, up 6,9% vs 2006.
• Total load factor decreased 0.1 p.u. to 76.4% in June.
• SAS Group capacity increased by 6.7% in June and traffic increased 6.6% vs 2006.

Group market trends and yield development
SAS Group carried 4 million passengers in June, up 6.9%, and has now on a 12 months basis passed 40 million passengers. SAS Group traffic increased 6.6% during June and capacity was up 6.7%. The passenger load factor was marginally down to 76.4%.
Yield for Scandinavian Airlines in May was up 7.6%. The yield is positively affected by good capacity control, active yield management and positive effects from the new commercial initiatives launched in March. In June 2007 the change in yield is expected to be in line or slightly lower than for May.
The total market continues to grow and yield environment is favorable. There are still uncertainties regarding the strength of future growth as well as the competitive situation and development of jet fuel prices.