Annual General Meeting of AB SKF

The Annual General Meeting of Aktiebolaget SKF, Parent Company of the
SKF Group, was held in Göteborg on Tuesday, April 24, 2001, 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 5.25 per share was
approved. To be entitled to receive the dividend for 2000, shareholders
must be recorded in the share register on April 27.

The following Board members were reelected: Mr Anders Scharp, Mr Sune
Carlsson, Mr Sören Gyll, Mr Helmut Werner, Mr Vito H Baumgartner, Ms
Ulla Litzén, Mr Clas Åke Hedström and Mr Philip N Green.

At the statutory meeting of the Board following the Annual General
Meeting,
Mr Anders Scharp was elected Chairman.

Göteborg, April 24, 2001

Aktiebolaget SKF
(Publ.)

Aktiebolaget SKF, SE-415 50 Göteborg, Sweden, tel: +46-31-3371000, fax:
+46-31-3372832, www.skf.com