SKF invests in China Dalian factory capacity to be redoubled

SKF invests in China Dalian factory capacity to be redoubled

SKF announced today at its Technical Press day in Shanghai, the decision to
increase the manufacturing capacity for large and medium size bearings in China.


This is in order to support the continuous business growth in China and other
parts of Asia, especially in the areas of renewable energy, metalworking,
mining, construction and industrial transmission industries.

This additional capacity will be made at the new SKF factory in Dalian, Liaoning
Province, in the northeast of China, as a second phase of the project launched
in April 2005. The new investment amounts to RMB 580 million (around SEK 500
million). A 25,000 sq. m. facility will be added adjacent to the current factory
and it is expected to be in operation during 2009, thus doubling the current
manufacturing capacity.

The number of employees will increase from the current 240 to a total of about
600 people at the completion of this second phase.  

SKF Dalian won earlier this year the 2007 Dalian Preferred Employer Award in
competition with more than 100 companies.

Göteborg, 22 May 2008

Aktiebolaget SKF
(publ.)      


AB SKF may be required to disclose the information provided herein according to
the Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 08.30 am on 22 May 2008.







For further information, please contact:
PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile: 
+46 706-973260, e-mail: ingalill.ostman@skf.com
IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46
705-181994,          
e-mail: marita.bjork@skf.com






Aktiebolaget SKF, 415 50 Göteborg, tel: 031 337 1000, fax 031 337 1722,
www.skf.com