Coor Service Management signs a comprehensive Scandinavian agreement with SAS

Coor has signed a comprehensive five-year agreement to coordinate, develop and supply services to the Scandinavian Airlines companies in Norway, Denmark and Sweden. The contract is worth SEK 1 750 billion and will run from 2 June 2008.

The service delivery is broad and encompasses property, production and workplace-related services such as conference service, reception, building maintenance, energy and projects.

"This is a prestige contract for Coor and we are proud and delighted at the confidence Scandinavian Airlines is showing us. An important part of our remit is to take a holistic approach to and develop SAS's operational services throughout Scandinavia. We very much look forward to doing this in close association with SAS," says Mats Jönsson, President & Group CEO of Coor Service Management.

Just over 130 people within SAS Facility Management in Scandinavia will be transferring to Coor.

"This move is fully in line with SAS's strategy of streamlining the operation and increasing the focus on the core business. Coor stood out as a good choice of service provider from early on, and we now look forward to a long-term strategic collaboration focusing on quality and development," says Bjørn Frivold, President of SAS Facility Management Sweden AB.

For further information, please contact:

Mats Jönsson, President & Group CEO, Coor Service Management Group, phone: +46 (0)8-553 959 50

Staffan Ebenfelt, President, Coor Service Management Sweden, phone +46 (0)8-553 959 95

Bjørn Frivold, President, SAS Facility Management Sweden AB, phone +47 957 16855