4. -10-6 +13+10 -32-40 +6+4 -21-26 -19-29 -6-20 -15-18 -11-19 -41-26 Group, First Quarter 8,156 MSEK -3% Change in value 1st Half-year, 1999 / 1998 Orders Received Change in value 1st Quarter, 1999 / 1998 Group, First Half-year 16,900 MSEK 0% Comparison Q1 and H1

5. -106 +1340 -324 +632 -212 -193 -62 -153 -116 -412 Orders Received (Jan - June) Group total 16,900 MSEK 0% Portion of Group Sales Change in value 1999 / 1998 Atlas Copco Group

7. Jan - June 1998 Jan - June 1999 Change % SEKm Change % Q2 -98 Q2 -99 16,900 16,370 1,787 10.9 16,913 16,784 2,155 12.8 Orders Received Orders Invoiced EBIT EBIT margin, % 0 -2 -17 8,744 8,619 1,062 12.3 8,509 8,676 1,112 12.8 3 -5 Atlas Copco Group

8. 1998 1999 SEKmMargin Earnings by business areas as at June 30 Compressor Technique Construction & Mining Industrial Technique Rental Service Corporate items EBIT Financial items Profit after fin. Items Taxes Minority Net profit 1,202 259 524 220 -50 2,155 -331 1,824 -647 -13 1,164 17.6 7.9 10.6 11.9 12.8 10.9 6.9 962 188 473 229 -65 1,787 -362 1,425 -481 -9 935 15.0 6.6 9.3 10.0 10.9 8.7 5.7 Atlas Copco Group

9. Compressor Technique

10. Jan - June 1998 Jan - June 1999 Change % SEKm Change % Q2 -98 Q2 -99 6,604 6,393 962 15.0 6,868 6,844 1,202 17.6 Orders Received Orders Invoiced EBIT EBIT margin, % -4 -7 -20 3,433 3,422 572 16.7 3,384 3,460 595 17.2 1 -4 Compressor Technique Atlas Copco Group

11. Construction & Mining Technique

12. Jan - June 1998 Jan - June 1999 Change % SEKm Change % Q2 -98 Q2 -99 3,027 2,830 188 6.6 3,365 3,295 259 7.9 Orders Received Orders Invoiced EBIT EBIT margin, % -10 -14 -27 1,582 1,477 104 7.0 1,745 1,816 155 8.5 -9 -19 -33 Construction & Mining Technique Atlas Copco Group

13. Industrial Technique

14. Jan - June 1998 Jan - June 1999 Change % SEKm Change % Q2 -98 Q2 -99 5,274 5,093 473 9.3 4,991 4,955 524 10.6 Orders Received Orders Invoiced EBIT EBIT margin, % 6 3 -10 2,664 2,645 257 9.7 2,494 2,510 264 10.5 7 5 -3 Industrial Technique Atlas Copco Group

15. Jan - June 1998 Jan - June 1999 Change % SEKm Change % Q2 -98 Q2 -99 2,282 2,284 229 10.0 1,842 1,847 220 11.9 Orders Received Orders Invoiced EBIT EBIT margin, % 24 4 1,197 1,202 146 12.1 964 969 123 12.7 24 19 Rental Service Atlas Copco Group

16. Profit after financial items & Profit margin SEKm 1987198919911993 1995 1997 1999 June 8.7 6.8 10.1 6.0 7.0 11.6 Jan - Dec % of NIS 10.8 11.7 Atlas Copco Group

17. Taxes 12 month values 199519961997199898/99 36.335.7 34.9 36.136.4 Atlas Copco Group July - June

18. Intangible ass. Fixed assets Inventories Receivables Other rec. Cash & Bank Total 11,032 9,888 5,460 6,567 1,073 1,915 35,935 19981999%SEKm 31 28 15 18 3 5 11,617 10,893 5,351 6,754 1,149 1,463 37,227 31 29 14 18 3 5 Equity Minority int. Int. bearing liab. & prov. Non int. bear. liab. & prov. Total 13,801 183 12,581 9,370 35,935 38 1 35 26 15,363 190 11,790 9,884 37,227 41 1 32 26 SEKm19981999% Balance sheet as at June 30 Atlas Copco Group

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

20. Inventories & Customer receivables as percent of sales 12 month values 199698/99199819971995 16.0 19.8 16.1 20.3 19.6 19.0 19.4 17.8 20.2 17.4 Atlas Copco Group July - June

21. Cash and Interest bearing debt as at June Long-term loans 2,370 1,773 1,913 2,534 2,759 2,195 1,915 5,352 1,463 4,823 4,317 2,802 Pensions Cash Short-term loans 5,188 5,553 1,911 1,946 1,934 1,998 2,041 1,414 Net borrowings1,525 518 3,0922,06210,66610,327 SEKm 1994 1995 1996199719981999 Atlas Copco Group

22. 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 Cash flow after net investments Dividend paid Net Cash flow Change in interest-bearing liabilities Cash flow after financing Liquid funds at year start Translation difference Liquid funds at period end 1,717 920 -502 -1,043 497 -275 -821 -780 690 1,613 -15 1,902 1,215 -394 -386 304 1,796 968 169 -1,089 381 -111 -819 -829 -930 2,118 -42 1,463 1,965 1,146 317 -613 19981999SEKm Cash flow Jan - June Atlas Copco Group

23. Profit per Share quarterly and 12 month values 1997199819991995 12:44 2:40 3:06 2:612:64 2:232:45 2:94 SEK 2:63 9:93 10:56 12:03 2:17 2:82 3:40 2:87 3:36 1:95 11:19 3:28 1996 2:92 3:18 Atlas Copco Group 3:14

24. Atlas Copco Group Industrial and Geographical Demand Outlook August 1999 Weight by Industry Weight by Region 15% 10% 20% 40% 5% Construction Mechanical Automotive Mining Process Others South America North America Europe 9% 3% 48% 36% Africa/Middle East Asia/Australia 4% Total Demand Outlook

25. Capital Goods 45% Expendables and After Market 55% 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 August 1999 Atlas Copco Group