Atlas Copco Acquires Holding in Indian Drilling Technology Companies

* Reuters is not responsible for the content in this press release.

Thu Apr 10, 2008 10:17am EDT 

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News:

   Atlas Copco (India) Ltd (STO:ATCOA) (STO:ATCOB) 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 Bjorn 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.

   This information was brought to you by Cision
http://newsroom.cision.com

Atlas Copco
Bjorn Rosengren,
Business Area President, Construction and Mining
Technique
+46 (0)8 743 8314 or +46 (0)70 417 8502
or
Love Liman,
Media Relations
+46 (0)8 743 8060 or +46 (0)73 231 8060

Copyright Business Wire 2008
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