SKF awarded condition based maintenance contract by Total

SKF has been awarded a new five year condition based maintenance contract by Total E&P UK. In working globally with Total, SKF will in this contract provide condition based maintenance services covering a wide range of rotating equipment on Total’s North Sea onshore and offshore assets. The contract covers in-depth vibration data analysis, lubrication oil analysis and equipment process analysis as well as other specialist investigations for Total. -This type of contract portrays the value added solutions SKF is able to offer in providing proven condition based maintenance solutions. SKF has the knowledge and the human resources to execute such challenges globally, says Vartan Vartanian, President of Service Division in SKF. -We see our partnership with SKF as an important step in supporting our strategy of improving equipment reliability enabling us to reduce unplanned equipment downtime and helping with Total’s commitment to meeting safety, health, environment and quality requirements, says Alan Messié, Operations Manager, Total E&P UK. Unplanned equipment downtime can result in a significant loss of production per day on a typical oil platform, which makes condition based monitoring an important tool to secure equipment reliability. Total E&P is one of the principal exploration and production subsidiaries of the Total Group, which is the fifth largest publicly traded oil and gas company in the world. Göteborg, 18 December 2009 Aktiebolaget SKF (publ) AB SKF may be required to disclose the information provided herein according to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 11.15 am CET on 18 December 2009. For further information, please contact: PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile: +46 706-973260, e-mail: ingalill.ostman@skf.com IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46 705-181994, e-mail: marita.bjork@skf.com SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. The Group’s service offer includes technical support, maintenance services, engineering consultancy and training. SKF is represented in more than 130 countries and has 15,000 distributor locations worldwide. The Group’s annual sales 2008 were SEK 63,361 million. The number of employees was 44,799. www.skf.com.