Senior Vice President Controlling and Finance (Chief Financial Officer)

Senior Vice President Controlling and Finance (Chief Financial Officer) Stockholm, October 28, 1999 Hans Ola has worked in the Group for 14 years, holding different positions within Finance and Administration in Sweden, Spain and Ecuador, and was appointed to his actual position in 1993. Atlas Copco is an international group of industrial companies with its head office in Stockholm, Sweden, and sales of SEK 34 billion. 97 percent of revenues come from outside Sweden. Atlas Copco companies develop, manufacture, and market electric and pneumatic tools, compressors, construction and mining equipment, assembly systems, and provide service and rentals. During recent years, rental service has become an important business for the Group. Additional information about Atlas Copco is available at the Group's web site, www.atlascopco.com, which provides access to current news about the Company. For further information, please contact Annika Berglund, Vice President, Corporate Communications Phone +46 8 743 8070, mobile +46 70 322 8070, annika.berglund@atlascopco.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/28/19991028BIT00650/bit0001.doc http://www.bit.se/bitonline/1999/10/28/19991028BIT00650/bit0002.pdf