Annual General Meeting of AB SKF

25 April 2000

Annual General Meeting of AB SKF

    STOCKHOLM--April 25, 2000--The Annual General Meeting of Aktiebolaget SKF, Parent Company of the SKF Group, was held in Goteborg on Tuesday, April 25, 2000, under the chairmanship of Mr. Anders Scharp.
    The income statements and the balance sheets of the Parent Company and the Group were adopted, together with the Board's proposal for distribution of surplus. The proposed dividend of SEK 4.00 per share was approved. To be entitled to receive the dividend for 1999, shareholders must be recorded in the share register on April 28.
    The following Board members were reelected: Mr. Anders Scharp, Mr. Sune Carlsson, Mr. Soren Gyll, Mr. Helmut Werner, Mr. Vito H. Baumgartner and Ms. Ulla Litzen. Mr. Clas Ake Hedstrom and Mr. Philip N. Green were elected new members of the Board. Mr. Giovanni Mario Rossignolo and Mr. Per-Olof Eriksson have left the Board.
    At the statutory meeting of the Board following the Annual General Meeting, Mr. Anders Scharp was elected Chairman.
    Please visit http://www.bit.se for further information.
    The following files are available for download: http://www.bit.se/bitonline/2000/04/25/20000425BIT01280/bit0001.doc http://www.bit.se/bitonline/2000/04/25/20000425BIT01280/bit0002.pdf