15.03.2006 08:09:00

Atlas Copco: Atlas Copco's Compressor Technique Business Area President to Step Down

Bengt Kvarnback, Senior Executive Vice President ofAtlas Copco AB (STO:ATCOA) and Business Area President for CompressorTechnique, has expressed a wish to leave his position on July 1, 2006.The search for his replacement is in progress.

Compressor Technique, headquartered in Belgium, is Atlas Copco'slargest business area. It consists of five divisions in the followingproduct areas: industrial compressors, compressed air treatmentproducts, portable compressors and generators, gas and processcompressors, as well as specialty rental. Revenues were BSEK 21 in2005, which corresponds to 39% of the Group's total revenues, and theoperating margin was 19.5%.

Bengt Kvarnback, born in 1945, joined Atlas Copco in 1992 asSenior Executive Vice President Atlas Copco AB and Business AreaPresident Industrial Technique. He assumed his current position in1997. Bengt Kvarnback will continue to support the Atlas Copco Groupmanagement within the area of strategic business development on apart-time basis, and also serve on the board of some of Atlas Copco'scompanies of strategic importance.

Atlas Copco is a world leading provider of industrial productivitysolutions. The products and services range from compressed air and gasequipment, generators, construction and mining equipment, industrialtools and assembly systems, to related aftermarket and rental. Inclose cooperation with customers and business partners, and with morethan 130 years of experience, Atlas Copco innovates for superiorproductivity. Headquartered in Stockholm, Sweden, the Group's globalreach spans more than 150 markets. In 2005, Atlas Copco had 27 000employees and revenues of BSEK 53. Learn more on www.atlascopco.com.

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