Atlas Copco — M&A Activity 2008

Apr 10, 2008

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 Love Liman, Media Relations +46 (0)8 743 8060 or +46 (0)73 231 8060

Atlas Copco acquires holding in Indian drilling technology companies

Stockholm, Sweden, April 10, 2008: Atlas Copco (India) Ltd has signed an agreement to acquire 25% of Focus Rocbit Pvt Ltd and Prisma Roctools Pvt Ltd in India, to strengthen the Group's position in the market for drill bits and hammers.

Focus Rocbit Pvt Ltd is a manufacturer of bits for rotary drilling and Prisma Roctools Pvt Ltd makes bits and hammers for down-the-hole drilling. The privately-owned companies, which largely have the same shareholders, have combined annual revenues of about MSEK 65 (MUSD 10) and 114 employees. Sales are mainly to India, Australia, South Africa and the United States. The head offices and manufacturing facilities are located in Hyderabad, India.

"The acquisitions add a competitive range of products for customers in India and selected markets," says Björn Rosengren, Business Area President, Construction and Mining Technique. "They will also allow us to further develop and grow our rock drilling business in order to benefit from the current growth in the mining, construction and water well sectors"

The businesses will operate as joint ventures within Atlas Copco's Secoroc division. Atlas Copco has an option to acquire the remaining shares in both companies.

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 15:30 on April 10, 2008.

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 135 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the global reach spans more than 160 markets. In 2007, Atlas Copco had 33 000 employees and revenues of BSEK 63 (BEUR 6.7). Learn more at www.atlascopco.com.

Atlas Copco Secoroc is a division within Atlas Copco's Construction and Mining Technique business area. It develops, manufactures and markets rock drilling tools worldwide. Its products are used for rock excavation within the mining and construction business for both surface and underground applications. The division is headquartered in Fagersta, Sweden and has production in six continents.

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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