Scania appoints new Chief Financial Officer

11/30/2000 4:31 AM EST

Jan Gurander has been appointed Chief Financial Officer (CFO) of Scania.

He will succeed to the post during the second quarter of 2001, at which
time he will also join the company's Executive Board.

Jan Gurander, 39, who is currently head of the Finance business unit of
the Volvo Group, held a similar position at Scania until 31 December 1999.

He will succeed Arne Karlsson, Executive Vice President, Finance and
Business Control, who is to retire on pension next year.

For further information, please contact Ulf Söderström, Corporate
Communications, telephone +46-8-5538 1044.

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 financial items
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

A photo of Jan Gurander is available under Media Services at
www.scania.com