Correction in Atlas Copco€s Q3 results

Correction in Atlas Copco's Q3 results Please replace page 10 (the second to last page) in Atlas Copco's interim report on the nine months ended September 30, 1999 with the enclosed one. By mistake two figures have been switched (earnings per share). Atlas Copco Group Income Statement 9 months ended 12 months ended Sept. Sept. Sept. Dec. Sept. SEK m. 30 30 1998 1998 1999 1998 1999 Revenues 24,895 25,727 33,350 33,740 34,572 Operating expenses -21,674 -22,657 -29,014 -29,395 -30,378 Operating profit 3,221 3,070 4,336 4,345 4,194 Financial income and -530 -680 -690 -708 -858 expenses Profit after 2,691 2,390 3,646 3,637 3,336 financial items as a percentage of 10.8 9.3 10.9 10.8 9.6 revenues Taxes -972 -803 -1,301 -1,322 -1,153 Minority interest -20 -17 -30 -32 -29 Net profit 1,699 1,570 2,315 2,283 2,154 Earnings per share, 9.26 8.56 12.61 12.44 11.74 SEK Return on capital employed before tax, 17.6 17.2 14.7 % Return on equity after tax, % 16.9 16.1 14.1 Debt/equity ratio, % 70.6 65.0 146.8 Rate of equity, % 40.3 41.6 30.7 Number of employees at end of period 23,709 23,393 25,926 Balance Sheet SEK m. Sept. 30, Dec. 31, Sept. 30, 1998 1998 1999 Intangible fixed assets 11,067 11,311 17,635 Other fixed assets 10,305 10,697 18,598 Inventories 5,607 5,383 5,500 Receivables 7,576 7,657 9,122 Cash, bank, and short-term 1,653 2,118 1,117 investments Total assets 36,208 37,166 51,972 Equity 14,400 15,267 15,783 Minority interest 186 198 172 Interest-bearing liabilities 11,954 12,170 24,546 and provisions Non-interest-bearing liabilities and provisions 9,668 9,531 11,471 Total liabilities and equity 36,208 37,166 51,972 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/26/19991026BIT00470/bit0001.doc http://www.bit.se/bitonline/1999/10/26/19991026BIT00470/bit0002.pdf