SAS Group's September 2013 traffic figures • SAS

• SAS Group’s capacity (ASK) was up by 5.2%. • The Group’s traffic (RPK) increased by 1.6%. • The SAS Group’s load factor decreased by 2.6 p.u. to 73.9%. • SAS Group carried 2.7 million passengers in September, up 1.1% vs last year. Group market trends, RASK and yield development The capacity growth during September was somewhat reduced compared with July and August as SAS adjusted its network and optimized it for the business market. Competition remains intense and the overcapacity has increased on certain European markets. In line with SAS guidance, currency adjusted yield (Scandinavian Airlines) in August 2013 was down 6.1% and RASK was down 5.2% versus previous year, due to the increased number of longer leisure routes during the holiday season. In September 2013, the change in yield and RASK vs. last year is also expected to be negative. The SAS Group continues to predict a negative RASK trend for the full financial year 2012/13. The capacity increase for the financial year 2012/13 is expected to be approximately 6%.