Announcement of change in the total number of votes in AB SKF

Gothenburg 28 November 2014: Due to a conversion of shares from Series A to
Series B, in accordance with the Company’s Articles of Association, AB SKF
confirms the following.  As per 28 November the Company’s share capital amounts
to SEK 1,138,377,670 and the total number of shares amounts to 37,649,081 shares
of Series A and 417,701,987 shares of Series B. The number of votes in the
Company amounts to 79,419,280.  AB SKF does not hold any own shares.

Aktiebolaget SKF
      (publ)

AB SKF is required to disclose the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 09:00 on 28 November 2014.
For further information, please contact:
MEDIA HOTLINE: 46 31 337 2400

PRESS: Theo Kjellberg, Director, Press Relations
tel: 46 31 337 6576, mobile: 46 725-776576, e-mail:
theo.kjellberg@skf.com (rebecca.janzon@skf.com)

INVESTOR RELATIONS: Marita Björk, Head of Investor Relations
tel: 46 31-337 1994, mobile: 46 705-181994, e-mail: marita.bjork@skf.com
SKF is a leading global supplier of
bearings (http://www.skf.com/portal/skf/home/products?contentId=876709&lang=en),
seals (http://www.skf.com/portal/skf/home/products?contentId=238358&lang=en),
mechatronics (http://www.skf.com/portal/skf/home/products?contentId=447144&lang=
e 
n), lubrication
systems (http://spider.skf.net/skf/portal/index.nsf/0/64532BF65D70865CC1256F9500
2 
AB178?openDocument), and
services (http://www.skf.com/portal/skf_lub/home/services?contentId=867934&lang=
e 
n) which include technical support, maintenance and reliability services,
engineering consulting and training. SKF is represented in more than 130
countries and has around 15,000 distributor locations worldwide. Annual sales in
2013 were SEK 63,597 million and the number of employees was 48,401. www.skf.com

® SKF is a registered trademark of the SKF Group.