SAS Executive Vice President Vagn Sørensen leaves his position

SAS Executive Vice President Vagn Sørensen leaves his position Vagn Sørensen, 41, Executive Vice President at SAS, has today informed SAS President and Chief Executive Officer Jørgen Lindegaard that he wishes to leave SAS Management with effect immediately and to be allocated to another part of SAS. Vagn Sørensen: "The cartel affair with Maersk is very unfortunate and burdening for SAS. Personally, I have not been an integral part of the illegal agreements, but they were made in my part of the organization. Therefore, I feel a moral responsibility for what has happened and I hope that my decision will help decrease the present negative pressure on SAS. Jørgen Lindegaard has accepted Vagn Sørensen's decision and wishes Vagn Sørensen to be at his disposition until time being. For futher information: Jørgen Lindegaard, President and Chief Executive Officer +46 8 797 13 61 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/08/03/20010803BIT00160/bit0002.doc http://www.waymaker.net/bitonline/2001/08/03/20010803BIT00160/bit0002.pdf