SKF Sold Steel Unit in the United States


GOTEBORG, Sweden, August 15, 2002 (PRIMEZONE) -- SKF has sold its steel ring manufacturing unit Ovako Ajax Inc. in York, South Carolina, USA, to eXpert Forge & Machine of Delaware Inc. Ovako Ajax has 60 employees and yearly external sales of SEK 180 millions. Ovako Steel's sales operations in the USA are not affected by this operation.

Goteborg, August 14, 2002

Aktiebolaget SKF (publ.)


For further information, please contact: Lars G Malmer, SKF Group 
Communication, tel. +46 31337 1541, e-mail: Lars.G.Malmer@skf.com

Aktiebolaget SKF, SE-415 50 Goteborg, Sweden, tel. +46 31 337 1000,
fax +46 31 337 2832, www.skf.com

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:


www.waymaker.net/bitonline/2002/08/15/20020815BIT00850/wkr0001.doc
www.waymaker.net/bitonline/2002/08/15/20020815BIT00850/wkr0002.pdf