SKF and Knorr-Bremse to jointly develop specialized technology to monitor railway bogies

SKF and Knorr-Bremse to jointly develop specialized technology to monitor
railway bogies

SKF and Knorr-Bremse Systeme für Schienenfahrzeuge GmbH have started a joint
project to develop condition monitoring capability for rolling stock integrated
in Knorr-Bremse´s brake control systems.

The new monitoring system will add next generation functionality, enabling to
remotely monitor and gather data from each bogie system - while the train is in
full service on the track. As a result, the train operator or the service
provider will be able to achieve early faulty detection of defects in order to
avoid or reduce secondary damages through component failures. The new system
enables the operator to introduce condition-based maintenance and reduce life
cycle costs.

The monitoring solution from SKF will be based on their world leading SKF
on-line system for trains IMx-R and will involve joint development of a
specialized electronic monitoring board, capable of recording and diagnosing
conditional data of railway vehicles, which is to be integrated into
Knorr-Bremse brake control systems.

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The SKF Group is the leading global supplier of products, solutions and services
in the area comprising rolling bearings, seals, mechatronics, services and
lubrication systems. The Group's service offer includes technical support,
maintenance services, condition monitoring and training. SKF is represented in
more than 130 countries. The company has more than 100 manufacturing sites and
also sales companies supported by some 15,000 distributor locations. SKF also
has a widely used e-business marketplace and an efficient global distribution
system. The Group's net sales in 2006 were MSEK 53,101 and the number of
employees was 41,090. To find out more about AB SKF, please visit www.skf.com.







The Knorr-Bremse Group is the world's leading manufacturer of braking systems
for rail and commercial vehicles. For more than hundred years now the company
has pioneered the development, production and marketing of state-of-the-art
braking systems. Other lines of business include automatic door systems, rail
vehicle air conditioning systems and torsional vibration dampers for internal
combustion engines. In 2006 the Group posted sales of EUR 3.1 billion and
employed a workforce of 13,000. To find out more about Knorr-Bremse, visit
www.Knorr-Bremse.com.


For further information, please contact:
Knorr-Bremse AG
Gerd Henghuber
Head of Corporate Communications
Moosacher Strasse 80, D-80809 Munich
Tel: +49 89-3547-1402, Fax: +49 89-3547-1403, 
Email: gerd.henghuber@knorr-bremse.com

AB SKF
Lars G Malmer
SVP, Head Group Communication
Tel +46 31-337 15 41
Mob +46 705 371541
Email: lars.g.malmer@skf.com
IR: Marita Björk, SKF Investor Relations
tel: +46 (0)31 337 1994 
mobile: +46 (0)705-181994
e-mail: marita.bjork@skf.com

Göteborg, 31 October 2007

Aktiebolaget SKF
(publ.)

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AB SKF may be required to disclose the information provided herein according to
the Securities Exchange and Clearing Operations Act and/or the Financial
Instruments Trading Act.
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