Atlas Copco completes electric tools sale

Stockholm, Sweden, November 2, 2005: Atlas Copco AB and Techtronic Industries Co. Ltd. have reached an agreement in respect of the final closing balance in the electric tool deal. The result for Atlas Copco AB is a total gain of MSEK 200, net after selling expenses and taxes, which will be recorded during the 4th quarter as net profit on discontinued operations.

On January 3, 2005, Atlas Copco sold its professional electric tool business to Hong Kong based Techtronic Industries Co. Ltd. The divestment included two divisions within the Industrial Technique business area: Atlas Copco Electric Tools, Germany, and Milwaukee Electric Tool, the United States.