Atlas Copco receives prize for best corporate governance report

Stockholm, Sweden, November 23, 2005: Atlas Copco won first prize at the premier of the Best Corporate Governance Report annual contest in Sweden. The purpose of the contest is to actively highlight good examples of applying the Swedish Code of Corporate Governance.

After close scrutiny, the jury selected Atlas Copco as the winner on the following grounds: “Atlas Copco was convincing with a well-structured corporate governance report. The report conveys an independent relationship to corporate governance and concisely describes the management of the company, including its objectives and risk management. The section on internal control clearly and pedagogically discloses how the company safeguards financial information.” The prize, which refers to 2004 reports, was awarded during yesterday’s Listed Companies Forum 2005 hosted by Öhrlings PricewaterhouseCoopers. Members of the jury were Rune Brandinger, Tor Marthin, Meg Tiveus, and Göran Tidström.