Atlas Copco agrees to acquire Aggreko's European compressor rental business

Atlas Copco agrees to acquire Aggreko's European compressor rental business

Stockholm, Sweden, November 20, 2008: Atlas Copco has agreed to acquire the
European oil-free air compressor rental business of Aggreko plc, expanding the
Atlas Copco Specialty Rental division. The total purchase price is MEUR 14.6
(MSEK 148).

The acquired business generates annual revenues of about MEUR 9 and has 25
employees. The deal includes about 200 compressors and dryers, which will be
integrated into Atlas Copco's existing European rental fleet. 

“This business is a perfect fit with our Specialty Rental division as they serve
similar market segments and applications, broadening our customer base in
Europe,” says Ronnie Leten, Business Area President, Atlas Copco Compressor
Technique. “The acquisition supports the growth of Specialty Rental's core
business, rental of oil-free air equipment.”

The deal will close today, with the exception of operations in countries subject
to anti-trust approval. 

The buyers of the fleet assets are various Atlas Copco companies in Europe. The
seller, UK-based Aggreko plc, is a global leader in the rental of power
generation and temperature control systems. 

For further information please contact:
Ronnie Leten, Business Area President, 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)70 865 8060

Atlas Copco may be required to disclose the information provided herein pursuant
to the Securities Markets Act. 

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 Group's
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.

Specialty Rental is a division within Atlas Copco's Compressor Technique
business area. It serves customers in the industry segments around the world
with temporary air and power rental solutions. The specialty rental services are
offered under several brands. The divisional headquarters is located in Antwerp,
Belgium.