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Atlas Copco’s European Sales Companies Outsource Administrative Services to Internal Supplier

April 18, 2000

Stockholm, April 18, 2000 - During April, Atlas Copco ASAP (Advanced Service and Administration Provider) added the sales companies in Germany and Norway to the list of companies they provide with services within the areas of IT, personnel administration, accounting and reporting.

Atlas Copco ASAP is an internal service provider with the objective to streamline administrative processes in order to improve quality, efficiency and limit administration costs. This will allow the sales companies to focus on their core business – sales and marketing of products and customer support. Atlas Copco ASAP is operating as a virtual organization with a hub in Antwerp, Belgium and co-located employees in the Western European countries.  ”Through internal and external benchmarking of administrative processes we will find best practices which we can implement directly”, says Jens Bek, project leader for ASAP in Germany. ”One major task is to standardize and consolidate the IT environment in the German sales companies, which will lead to immediate quality gains and significant cost reductions already this year”.  Within a year Atlas Copco ASAP will provide administrative services to sales companies in all Western European countries where Atlas Copco is operating. Next in line are Great Britain, Spain and Italy, all of which are important markets for Atlas Copco. Atlas Copco ASAP has around 250 employees.  Atlas Copco ASAP is a company within the Atlas Copco Group, an international industrial Group with its head office in Stockholm, Sweden. In 1999, the Group had revenues of SEK 36 billion, with 97 percent of revenues outside Sweden, and over 26,000 employees. Atlas Copco companies develop, manufacture, and market electric and pneumatic tools, compressed air equipment and generators, construction and mining equipment, assembly systems, and offer related service and equipment rental. More information is available on www.atlascopco.com. For further information, please contact:  Anna-Karin Stenberg, General Manager, Atlas Copco ASAP  Phone: +32-(0)3-870 29 60, mobile: +32-(0)476 56 60 37, e-mail: [email protected]