SKF will deliver Axlebox Bearings for Taiwan Shinkansen High Speed Train


GOTEBORG, Sweden, Aug. 14, 2003 (PRIMEZONE) -- SKF (Nasdaq:SKFR) has gained an order for the first Japanese export business of the Shinkansen high speed train. It is KHI, Kawasaki Heavy Industries, the largest railway rolling stock manufacturer in Japan that has chosen SKF as the supplier of axlebox bearings for the 360 cars that will be exported to Taiwan. The train is designed for a maximum speed of 300 km/h.

Based on its unique experience with several high speed train applications at major European railways, SKF was able to offer a package of wheel bearing units with spare parts and know how. The high performance of the SKF solution, combined with its strong focus on the safety aspect, made KHI and the Taiwan High Speed Rail Corporation decide for SKF.

SKF is the leading rolling bearing supplier to the world railway industry, providing a full assortment of bearing related products and services for all types of railway vehicles such as high speed vehicles, freight cars, locomotives, multiple units and mass transit vehicles.

For further information, please contact: Lars G Malmer, SKF Group Communication, tel. +46 (0)31 337 1541, e-mail: Lars.G.Malmer@skf.com

Aktiebolaget SKF, SE-415 50 Goteborg, Sweden, tel. +46 (0)31 337 1000, fax +46 (0)31 337 2832, www.skf.com

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