SKF provides Austrian premium class Railjet trains with axleboxes

SKF have been awarded a contract to the value of more than 5 million EUR from Siemens Transportation Systems, for the new long distance Railjet trains for the Austrian Federal Railways, ÖBB.

SKF will deliver axleboxes designed and produced in Austria and tapered roller bearing units manufactured in Italy.

The new Railjet premium class service will start in 2008 and will first link Budapest with Munich via Vienna, with a line from Vienna to Zürich following one year later. With the Railjets from Siemens, the Austrian Federal Railways wants to lay down a milestone in the reinforcement of customer orientation and the opening up of new markets.

SKF is the leading rolling bearing supplier to the world railway industry, providing a full assortment of products and services for all types of railway vehicles such as high speed vehicles, locomotives, multiple units, coaches, mass transit vehicles and freight cars.

Göteborg, 20 March 2008

Aktiebolaget SKF
(publ)

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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 10.00 on 20 February 2008.
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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