Atlas Copco invests in German turbomachinery production

Atlas Copco invests in German turbomachinery production

Stockholm, Sweden, August 6, 2007: Atlas Copco will invest about MSEK 160 (MEUR
17) to expand its site in Cologne, Germany, the company's main production
facility for turbo compressors and expansion turbines. The initiative is aimed
at cutting delivery times to customers and increasing production capacity.

The capacity expansion, which supports the Atlas Copco Gas and Process division
in meeting growing demand for large compressors, will be achieved through
extending production and test facilities, office and warehouse spaces, and
improving the production flow of the factory. It adds to ongoing substantial
investments in high-tech machinery and will be completed in 2009.

“With a market that is currently very strong, this investment will help us meet
both the present and future needs of our customers,” says Ronnie Leten,
President of Atlas Copco's Compressor Technique business area. “By investing
into our German hub, we further strengthen our design and manufacturing
expertise, leading to a higher degree of flexibility.” 

Atlas Copco's Gas and Process division supplies custom-made compressors and
expanders for air separation, gas-fired power stations, liquid natural gas
applications and petrochemical companies. It won a record number of orders in
2006, helped by strong demand from Asia and the Middle East. During the second
quarter of 2007, the division delivered the biggest compressor ever built by
Atlas Copco, weighing 200 tons.

For further information please contact:
Ronnie Leten, Business Area President, Atlas Copco Compressor Technique
+32 (0)3 870 2938 or +32 (0)477 222 685
Daniel Frykholm, Media Relations Manager 
+46 (0)8 743 8060 or +46 (0)708 65 8060

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 more than 130 years of experience, Atlas Copco
innovates for superior productivity. Headquartered in Stockholm, Sweden, the
Group's global reach spans more than 150 markets. In 2006, Atlas Copco had 25
900 employees and revenues of BSEK 51 (BEUR 5.6). Learn more at
www.atlascopco.com.

Gas and Process is a division within Atlas Copco's Compressor Technique business
area. It develops, manufactures and markets large, customized gas and process
compressors and turbo expanders, and their respective aftermarket products. Its
products are used primarily by the oil and gas, chemical/petrochemical process
and power industries worldwide, and also by industries that specialize in gas
production through air separation. The divisional headquarters and main
production center is located in Cologne, Germany.