1. 0 11 May 2010

2. The SKF Group Tom Johnstone President and CEO

3. 2 11 May 2010 Programme – 11 May 2010 08:45Welcome and introductionTom Johnstone President and CEO 09:00SKF in AsiaRakesh Makhija President, SKF Asia 09:15Automotive overviewTryggve Sthen President, Automotive Division 09:30Summing up and Q & A 10:10Global Technical Centre ChinaChristopher Ancona Manager, GTCC 10:25Preparation/information for the factory tourRichard Mh Yang Factory manager 10:35Factory tour and lunch 12:00Depart from SKF to Volvo

4. 3 11 May 2010 Key points, Q1 report Strong operating profit and margin SEK 1,702 m versus SEK 768 m previous year 11.8% versus 5.2% previous year Production levels increased during the quarter Significantly higher year over year. Sales in local currency: Industrial Division: -12.1% Service Division: +8.2% Automotive Division: +26.2% Negative price/mix influenced by higher automotive sales versus industrial market. Improving demand outlook for Q2 Significantly higher compared to Q2 2009 Slightly higher sequentially compared to Q1 2010 Manufacturing level Significantly higher year over year Higher compared to average Q1 2010

5. 4 11 May 2010 Inauguration of two new factories in India: - The Haridwar factory will manufacture deep groove ball bearings and primarily serve the two-wheeler market and the vehicle service market in India. Total investment: around SEK 250 million. - The Ahmedabad factory will manufacture medium to large size bearings of various types to serve customer segments such as wind energy and heavy industries. Total investment: around SEK 450 million. A programme was concluded in March for adjusting the manufacturing capacity in Gothenburg, Sweden. The total cost of these activities is around SEK 90 million and the benefit of these actions will be around SEK 50 million per year. The ninth SKF Solution Factory was inaugurated in Houston, USA Highlights 2010 Photos

6. 5 11 May 2010 Volume trends (based on current assumptions) Daily volume trends for: Q1 2010 Q2 2010 Net sales 2009 Europe51% North America17% Asia Pacific23% Latin America6% Total Outlook Q2 2010 vs 2009 ++ +++

7. 6 11 May 2010 7% 14% 7% 5% 22% 16% 12% 11% 3% Aerospace Cars Energy Railway Industrial distribution Industrial OEM, General+Special Vehicle Service Market Industrial OEM, Heavy + Off-highway Trucks Electrical and two-wheeler Sequential volume trend main segments Q2 2010 (based on current assumptions) Net sales 2009

8. 7 11 May 2010 Volume trends, Divisions (based on current assumptions) Daily volume trends for Q2 2010 Net sales 2009 Industrial34% Service35% Automotive29% Total Outlook Q2 2010 vs 2009 + +++

9. 8 11 May 2010 Key focus areas ahead 2010 Profit and cash flow Adjustment of manufacturing output to new demand levels Growing segments and geographies Strengthening the platform/segment approach Competence development SKF Care and Six Sigma as guiding lights

10. 9 11 May 2010 Asia in percent of Group 2000 2009

11. 10 11 May 2010 Asia in percent of Group 2000 2009

12. 11 11 May 2010