Atlas Copco — M&A Activity 2007

Nov 1, 2007

Press Release from the Atlas Copco Group

For further information please contact: Björn Rosengren, Business Area President, Construction and Mining Technique +46 (0)8 743 8314 or +46 (0)70 417 8502 Daniel Frykholm, Media Relations Manager +46 (0)8 743 8060 or +46 (0)70 865 8060

Atlas Copco acquires remaining shares in Chinese breaker manufacturer

Stockholm, Sweden, November 1, 2007: Atlas Copco today announced it has acquired the remaining 75% of shares in its joint venture company Shenyang Ruifeng Machinery Ltd, strengthening its production in China of core components for construction tools.

The transaction between Atlas Copco (China) Investment Co. Ltd and Shenyang Rockdrill Company provides full control over the local production of parts and components for pneumatic rock drills, pneumatic breakers and hydraulic breakers.

"This will allow us to further develop the facility and introduce new products from the Construction Tools division for the fast-growing Asian market," says Björn Rosengren, Business Area President, Atlas Copco Construction and Mining Technique. "It supports the establishment of a local competence center for design, development and manufacturing."

Shenyang Ruifeng Machinery Ltd is based in Shenyang City in the Liao Ning province, some 500 km north of Beijing. The company has annual revenues of about MSEK 100. The parties have agreed not to disclose the purchase price.

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 09:00 on November 1, 2007.

Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2006, Atlas Copco had 25 900 employees and revenues of BSEK 51 (BEUR 5.6). Learn more at www.atlascopco.com.

Atlas Copco Construction Tools is a division within Atlas Copco's Construction and Mining Technique business area. It develops, manufactures and markets hydraulic, pneumatic, and gasoline-powered breakers and drills, as well as pedestal boom systems worldwide under several brands. The division is headquartered in Stockholm, Sweden and has production units in Europe, Africa and Asia.

Atlas Copco Group Center

Atlas Copco AB Visitors address: Telephone: +46 (0)8 743 8000 A Public Company (publ) SE-105 23 Stockholm Sickla Industriväg 3 Telefax: +46 (0)8 644 9045 Reg. No: 556014-2720 Sweden Nacka www.atlascopco.com Reg. Office Nacka