SCANIA INTERIM REPORT– JANUARY – MARCH 2005

“Scania’s operating income in the first quarter of 2005 rose by 15 percent to SEK 1,679 m. The operating margin climbed to more than 12 percent. Net income rose by 19 percent to SEK 1,155 m., which resulted in earnings per share of SEK 5.78 (4.87),” says Leif Östling, President and CEO.

FIRST QUARTER IN BRIEF Q1 Change Units 2005 2004 in % Trucks and bus chassis – Order bookings 15,441 15,538 -1 – Deliveries 13,256 12,441 7 Revenue and earnings SEK m. (unless otherwise stated) EUR m.* · Revenue 1,518 13,873 13,083 6 Operating income, Vehicles and Service 169 1,553 1,362 14 Operating income, Customer Finance 14 126 103 22 Operating income 183 1,679 1,465 15 Income before taxes 185 1,698 1,374 24 · Net income 126 1,155 974 19 Operating margin, in percent 12.1 11.2 Return on equity, in percent 21.4 17.9 Return on capital employed, Vehicles and Service, in percent 29.0 23.1 · Earnings per share, SEK 5.78 4.87 Cash flow, Vehicles and Service 30 272 302 Number of employees, 31 March 30,215 29,472 N Number of shares: 200 million** *Translated to euros solely for the convenience of the reader at a balance sheet date exchange rate of SEK 9.138 = EUR 1.00. ** 26,296,508 shares owned by Scania’s subsidiary Ainax have been eliminated. Unless otherwise stated, all comparisons in brackets refer to the same period of last year. This report is also available at www.scania.com