Atlas Copco appoints Stephan Kuhn as new Compressor Technique President

Regulatory News:

Atlas Copco (STO:ATCOA)(STO:ATCOB) has appointed Stephan Kuhn as President of the Compressor Technique business area, effective May 1, 2009. He succeeds Ronnie Leten, who will take over as President and CEO of the Group.

Stephan Kuhn is a German citizen, born in 1962. He headed Atlas Copco’s division Surface Drilling Equipment, based in Sweden, until May 2008, when he left for a position outside the Group.

"It is with great pleasure we welcome Stephan back to Atlas Copco. His strong sense of commitment, broad industrial background and international experience will be great assets in the further development of Compressor Technique,” says Gunnar Brock, President and CEO of Atlas Copco.

Stephan Kuhn started his career at Atlas Copco in 1995 as manager of an electric tools joint venture in China, and has later held General Manager positions in Belgium and Germany. Stephan Kuhn is a Fulbright Scholar with a Masters Degree in Business Administration from Bentley College in Waltham MA, USA.

Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.

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 136 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group’s global reach spans more than 160 markets. In 2008, Atlas Copco had 34 000 employees and revenues of BSEK 74 (BEUR 7.7). Learn more at www.atlascopco.com.

Atlas Copco’s Compressor Technique business area develops, manufactures, markets, and services oil-free and oil-injected stationary air compressors, portable air compressors, gas and process compressors, turbo expanders, electric power generators, air treatment equipment and air management systems. It also offers specialty rental services. It innovates for superior productivity in applications such as manufacturing, construction, and the process industry worldwide. Principal product development and main manufacturing units are in Antwerp, Belgium.

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