Atlas Copco to utilize mandate in connection to its share value based incentive programs

Atlas Copco to utilize mandate in connection to its share value based incentive
programs

Stockholm, Sweden, November 14, 2007: The Board of Atlas Copco AB reconfirms its
decision to use the mandate granted by the AGM 2007 to divest own B-shares and
purchase own A-shares in connection to its share value based incentive programs.

Up to 8 828 400 B-shares currently held by the company can be divested and 6 400
000 A-shares can be purchased, in accordance with the resolution by the AGM
2007. The objective is to use proceeds from the B-shares primarily to acquire
own shares of series A, which will be held for possible delivery under the
company's personnel option programs. Proceeds can also be used to cover costs
for social security charges.

Purchases of shares are subject to market conditions and regulatory
restrictions, and can only be made at a price per share that falls within the
registered price range at each given time.
The number of outstanding shares issued is presently 839.4 million A-shares and
390.2 million B-shares for a total of 1 229.6 million shares.

For further information please contact:
Daniel Frykholm, Media Relations Manager 
+46 (0)8 743 8060 or +46 (0)708 65 8060

Atlas Copco discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 0900 on November 14, 2007.

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.