SAS Group: (OSE:SASNOK)

• The SAS Group’s load factor improved by 0.5 p.u. in July and reached a record 86.1%

• SAS Group carried 2.3 million passengers in July, up 5.6%.

• SAS Group’s capacity (ASK) increased by 7.0% and the Group’s traffic (RPK) increased by 7.7%.

Group market trends, RASK and yield development

Traffic growth was good on most routes during July and especially on European routes as the Group increased its seasonal capacity to leisure destinations during the summer.

Currency adjusted yield (SAS) in June was down by 2.1% versus previous year and RASK was down 1.3% in line with earlier guidance. For July 2012 both yield and RASK (change vs last year) are expected to be slightly positive.

The response to market campaigns is still good and forward booking levels are well above last year’s level. Overall, the market growth continues to be good, but remains unpredictable due to added capacity in certain markets, risk in the global economy and high jet fuel prices. This adds uncertainty to the yield and RASK outlook going forward. The SAS Group plans to increase the capacity by approximately 4-5% in 2012 vs 2011 as 38 new routes will be launched throughout the year.

This information was brought to you by Cision http://www.cisionwire.com