Gunnar Rustad to join Scania management Urban Erdtman to head SVW

Gunnar Rustad to join Scania management Urban Erdtman to head SVW Gunnar Rustad, currently MD of Scania's German subsidiary, Scania Deutschland GmbH, will join the Scania Executive Management as of 1 August 2001. Mr. Rustad will succeed Urban Erdtman, Group Vice President, Sales and Marketing, who will become MD of Svenska Volkswagen in succession to Åke Norrman, who is to retire on pension. As part of the top-level changes at Scania, Johan P. Schlyter, now Sales Manager, Sales and Marketing in Södertälje, will become MD of Scania Deutschland GmbH. "It is with great pleasure that we welcome Gunnar Rustad to our management team," comments Leif Östling, President and CEO of Scania. "Gunnar Rustad has directed operations in one of Scania's most important export markets with significant success, making Scania the leading foreign make after the domestic leaders, with a market share of 10 percent." Pictures of the two new appointees can be viewed under Media Services on www.scania.com/ms For further information, please contact Magnus Hahn, Corporate Communications, tel. +46-8-553 83510. Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 25,800 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 1999, turnover totalled SEK 47,100 million and the result after net interest income/expense was SEK 4,500 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden. Scania press releases are available on the Internet, www.scania.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/30/20010130BIT00820/bit0001.doc http://www.bit.se/bitonline/2001/01/30/20010130BIT00820/bit0002.pdf