1. Group “Handout” 1999-03-31 Quarterly presentation Atlas Copco Group

2. -67 +1039 -404 +433 -262 -292 -202 -183 -196 -262 Orders Received 1998 (Jan - March) Group total 8,156 MSEK -3% Portion of Group Sales Change in value 1999 / 1998 Atlas Copco Group

4. Jan - March 1998 Jan - March 1999 Change % SEKm 8,156 7,751 557 7.2 8,404 8,108 881 10.9 Orders Received Orders Invoiced Profit after financial items Profit margin, % -3 -4 -37 Atlas Copco Group

5. 1998 1999 SEKmMargin Earnings by business areas as at March 31 Compressor Technique Construction & Mining Industrial Technique Rental Service Corporate items EBIT Financial items Profit after fin. Items Taxes Minority Net profit 607 104 260 97 -25 1,043 -162 881 -313 -7 561 17.9 7.0 10.6 11.0 12.9 10.9 6.9 390 84 216 83 -48 725 -168 557 -196 -3 358 13.1 6.2 8.8 7.7 9.4 7.2 4.6 Atlas Copco Group

6. Compressor Technique

7. Jan - March 1998 Jan - March 1999 Change % SEKm 3,171 2,971 390 13.1 3,484 3,384 607 17.9 Orders Received Orders Invoiced EBIT EBIT margin, % -9 -12 -36 Compressor Technique Atlas Copco Group

8. Construction & Mining Technique

9. Jan - March 1998 Jan - March 1999 Change % SEKm 1,445 1,353 84 6.2 1,620 1,479 104 7.0 Orders Received Orders Invoiced EBIT EBIT margin, % -11 -9 -19 Construction & Mining Technique Atlas Copco Group

10. Industrial Technique

11. Jan - March 1998 Jan - March 1999 Change % SEKm 2,610 2,448 216 8.8 2,497 2,445 260 10.6 Orders Received Orders Invoiced EBIT EBIT margin, % 5 0 -17 Industrial Technique Atlas Copco Group

12. Jan - March 1998 Jan - March 1999 Change % SEKm 1,085 1,082 83 7.7 878 97 11.0 Orders Received Orders Invoiced EBIT EBIT margin, % 24 23 -14 Rental Service Atlas Copco Group

13. Profit after financial items & Profit margin SEKm 1987198919911993 1995 1997 1999 March 7.2 6.8 10.1 6.0 7.0 11.6 Jan - Dec % of NIS 10.8 11.7 Atlas Copco Group

14. Taxes 12 month values 199519961997199898/99 36.336.4 34.9 36.136.4 Atlas Copco Group April - March

15. Intangible ass. Fixed assets Inventories Receivables Other rec. Cash & Bank Total 11,098 9,782 5,602 6,164 1,108 1,781 35,535 19981999%SEKm 31 28 16 17 3 5 11,492 10,803 5,527 6,540 1,130 1,678 37,170 31 29 14 18 3 5 Equity Minority int. Int. bearing liab. & prov. Non int. bear. liab. & prov. Total 13,987 189 11,874 9,485 35,535 39 1 33 27 15,529 201 11,445 9,995 37,170 42 1 31 26 SEKm19981999% Balance sheet as at March 31 Atlas Copco Group

16. SEKm 19951996199719991998 GBS007 Capital expenditures in tangible fixed assets Atlas Copco Group

17. Inventories & Customer receivables as percent of sales 12 month values 199698/99199819971995 16.0 19.8 16.6 19.6 19.0 19.4 17.8 20.2 17.4 Atlas Copco Group April - March

18. Cash and Interest bearing debt as at March Long-term loans 2,455 1,723 2,300 2,657 3,037 2,090 1,781 7,639 1,678 4,654 3,306 1,398 Pensions Cash Short-term loans 2,221 5,440 1,878 1,956 1,943 1,987 2,014 1,351 Net borrowings1,368 136 2,8451,66010,0939,767 SEKm 1994 1995 1996199719981999 Atlas Copco Group

19. Operating cash surplus after tax Of which depreciation added back Change in working capital Cash flow from operations Investments in tangible fixed assets Sale of tangible fixed assets Company acquisitions / divestments Cash flow from investments Net cash flow Change in interest-bearing liabilities Cash flow after financing Liquid funds at year start Translation difference Liquid funds at period end 750 481 -263 -483 305 -147 -325 21 1,613 -15 1,781 487 162 183 748 474 350 -526 186 -126 -466 -1,016 2,118 -56 1,678 1,098 632 -384 19981999SEKm Cash flow Jan - March Atlas Copco Group

20. Profit per Share quarterly and 12 month values 1997199819991995 12:69 2:40 3:06 2:612:64 2:232:45 2:94 SEK 2:63 7:45 10:64 10:02 2:17 2:82 3:40 2:87 3:36 1:95 11:33 3:28 1996 2:92 3:18 Atlas Copco Group

21. Industrial and Geographical Demand Outlook April 1999 Weight by Industry Weight by Region 25% 10% 20% 30% 5% Construction Mechanical Automotive Mining Process Others South America North America Europe 11% 5% 38% 41% Africa/Middle East Asia/Australia 5% Total Demand Outlook

22. Capital Goods 55% Expendables and After Market 45% Atlas Copco’s “Six Demand Keys” Industry Mining Construction Total Demand Outlook Industrial Machine Investment Metal Ore Production Mining Machine Investment Public Investment Industrial Production Construction Activity April 1999 Atlas Copco Group