Atlas Copco: Hans Sandberg to retire from Atlas Copco’s Group Management

Regulatory News:

Hans Sandberg, Senior Vice President General Counsel for Atlas Copco AB (STO:ATCOA)(STO:ATCOB) and member of Group Management, has decided to retire from his position at the end of 2011, after 36 years with the company.

"Hans has been a great asset to Atlas Copco during his many years of service” says Ronnie Leten, President and CEO of the Group. "From his work in the early days, setting up our company structure in Asia, to his strong current focus on enforcing business ethics and anti-corruption, he has contributed invaluably to Atlas Copco’s development. We all wish Hans a long and joyful retirement.”

Hans Sandberg joined Atlas Copco in 1975 as Corporate Counsel and was appointed General Counsel for Atlas Copco North America Inc. in 1980. He has held his current position since 1984 and has been a member of Group Management since 1989. Hans Sandberg has been Secretary of the Board of Directors for Atlas Copco AB since 1991.

"Retired or not retired, my heart will always be with Atlas Copco and above all, its people, whose commitment and talent make Atlas Copco a great company,” Hans Sandberg says.

Atlas Copco discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2010, Atlas Copco had 33 000 employees and revenues of BSEK 70 (BEUR 7.3). Learn more at www.atlascopco.com.

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