Atlas Copco inaugurates new factory in China

Stockholm, Sweden, June 3, 2008: Atlas Copco enforces its position in China by opening a new manufacturing plant in Wuxi. The new plant replaces an old factory and provides improved working environment as well as increased capacity opportunities.

Based in, Wuxi, the new production facility will manufacture diamond bits, primarily for the regional markets, as well as casing shoes and reaming shells for global markets.

“China is one of Atlas Copco’s focus markets. Our new manufacturing facility will provide us with a strong base for further growth in the Chinese market as well as a supply support to global markets,” says Björn Rosengren, Business Area President, Construction and Mining Technique.

The new factory meets all Atlas Copco standards for manufacturing facilities. ISO 9001 certification has already been achieved and work towards an environmental certification in compliance with ISO 14001 is in progress. The new factory is therefore, amongst other things, equipped with an advanced sewage treatment system.

The unit currently employs 51 people, all with experience from the previous factory.

The new facility belongs to Atlas Copco (Wuxi) Exploration Equipment Ltd in the Atlas Copco Geotechnical Drilling and Exploration division.

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.