SKF sells premises in Stuttgart, Germany

SKF sells premises in Stuttgart, Germany SKF has sold its premises in Stuttgart, Germany, which used to be the site for the textile machinery business. The buyer is DIBAG Industriebau AG, München, and the sale price amounts to 97 million Swedish kronor. The profit from the sale has been set aside to finance restructuring measures during the year. The premises consist of office, industry and warehouse space, in total 57 000 square metres. Over half of these buildings are let to external tenants. The sale is part of the SKF Group's programme to reduce the amount of capital tied up in operations. Göteborg, March 13, 2002 Aktiebolaget SKF (publ.) For further information, please contact: Lars G Malmer, SKF Group Communication, tel. +46 705 37 15 41, e-mail: Lars.G.Malmer@skf.com Marita Björk, Investor Relations, tel. +46 705 18 19 94 Aktiebolaget SKF, SE-415 50 Göteborg, Sweden, tel +46-31-3371000, fax +46-31-3372832, www.skf.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/13/20020313BIT00340/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/13/20020313BIT00340/wkr0002.pdf