Scania proposes an increased dividend

Scania proposes an increased dividend Scania's board of directors has decided to propose to the annual general meeting an increase of the dividend, for the accounting year of 1999, to SEK 7 per share (6:50). Scania's ordinary annual general meeting will be held 5:30 p.m. on Wednes- day 24 May 2000 at Scaniarinken, Södertälje. For further information, please contact: Ulf Söderström, Corporate Communications, Tel + 46 8 553 810 44 Oscar Stjerngren, Investor Relations, Tel + 46 8 553 836 57 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 income after financial items SEK 4,500 million. Scania products are marketed in about 100 countries world- wide and some 95 percent of Scania's vehicles are sold outside Sweden. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/05/20000405BIT01070/bit0001.doc http://www.bit.se/bitonline/2000/04/05/20000405BIT01070/bit0002.pdf