Saber: module-LWR based key exchange, CPA-secure encryption and CCA-secure KEM. In this paper, we introduce Saber, a package of cryptographic primitives whose security relies on the hardness of the Module Learning With Rounding problem (Mod-LWR). We first describe a secure Diffie-Hellman type key exchange protocol, which is then transformed into an IND-CPA encryption scheme and finally into an IND-CCA secure key encapsulation mechanism using a post-quantum version of the Fujisaki-Okamoto transform. The design goals of this package were simplicity, efficiency and flexibility resulting in the following choices: all integer moduli are powers of 2 avoiding modular reduction and rejection sampling entirely; the use of LWR halves the amount of randomness required compared to LWE-based schemes and reduces bandwidth; the module structure provides flexibility by reusing one core component for multiple security levels. A constant-time AVX2 optimized software implementation of the KEM with parameters providing more than 128 bits of post-quantum security, requires only 101K, 125K and 129K cycles for key generation, encapsulation and decapsulation respectively on a Dell laptop with an Intel i7-Haswell processor.