New President Atlas Copco Craelius Division

4 mar 1998

Stockholm March 4, 1998---Björn Rosengren, presently Managing Director Nordhydraulic, Nordwin AB, Kramfors, Sweden, has been appointed President of the Atlas Copco Craelius Division.

Atlas Copco Craelius is a Division within the business area Construction and Mining Technique that specialises in the development, manufacturing and sales of equipment for mineral exploration ground engineering and water well drilling. The division with headquarters at the Product Company in Märsta, outside Stockholm, employs some 240 people, of which 115 are based in Sweden.

Björn Rosengren graduated as Master of Science at the Chalmers University of Technology, Gothenburg, Sweden in 1985. He has held different positions with the Esab group in Sweden and abroad, AB Ph Nederman & Co, Sweden and Optrel AG, Switzerland.

Björn Rosengren will take up his new position with Craelius on August 1, 1998, at the latest.

For further information, please contact:

Freek Nijdam, Senior Executive Vice President Atlas Copco Construction and Mining Technique, phone +46 8 743 8314