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SKF Supplies Bearings for Volvo's New Sport Utility Vehicle.

Business Editors

GOTEBORG, Sweden--(BUSINESS WIRE)--Oct. 11, 2001

SKF has been selected by Volvo Cars as Volvo's major bearing supplier for the new Adventure Concept Car. The new vehicle, unveiled at the Detroit Motor Show earlier this year, will go into series production at

the beginning of 2002 as Volvo's new Sport Utility Vehicle.

During the production life of this new Volvo, SKF will supply more than 3.8 million bearings.

All four car-corners are fitted with SKF's latest series produced hub bearing units, HBU3 with integrated seals, and for the rear wheels the units carry integrated ABS impulse wheels.

SKF products will also be supplied for the engines and gearboxes of this new Volvo vehicle.

The broad range and number of SKF products in the new Volvo reflects the breadth of the Group's product and engineering offering to this highly competitive global market.

The SKF Group is the automotive industry's leading bearing supplier and holds a strong position in sealing systems for engines, transmissions and other mechanical assemblies.

Note to Editors: This press release is also accessible online at www.Waymaker.net.

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