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SKF appoints new CFO and Executive Vice President for the Group and new President Industrial Market, Strategic Industries



  SKF appoints new CFO and Executive Vice President for the Group and new
  President Industrial Market, Strategic Industries

Business Wire

GÖTEBORG, Sweden -- March 12, 2013

Regulatory News:

SKF: (STO:SKFA)(STO:SKFB)(Pink Sheets:SKFRY)(LSE:SKFB)

Henrik Lange is appointed Group CFO succeeding Tore Bertilsson who is
retiring. Rakesh Makhija becomes President SKF Industrial Market, Strategic
Industries

SKF today announced that Tore Bertilsson, Executive Vice President and CFO,
has decided to retire from SKF after nearly 24 years of service. Up until his
retirement later this year, he continues as Executive Vice President.

Henrik Lange has been appointed Executive Vice President and CFO. He assumes
the role as Executive Vice President with immediate effect, and the role as
CFO, from 1 May 2013. Henrik currently serves as President SKF Industrial
Market, Strategic Industries, and is a member of SKF Group Management. He
joined SKF in 1988 and has held several managerial positions within SKF, both
in general management and in the finance area.

Rakesh Makhija, has been appointed President Industrial Market, Strategic
Industries, from 1 May 2013. Rakesh, currently President with overall
responsibility for China and India, joined SKF in 2002 as Managing Director,
SKF India Limited. In 2010, he was appointed as President, SKF Asia and at the
same time became a member of SKF Group Management.

Both Henrik Lange and Rakesh Makhija will be members of SKF Group Management
and the Executive Committee. They will report to Tom Johnstone, SKF President
and CEO, and be based in Gothenburg, Sweden.

Gothenburg, 12 March 2013

Aktiebolaget SKF (publ)

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication
systems, and services which include technical support, maintenance and
reliability services, engineering consulting and training. SKF is represented
in more than 130 countries and has around 15,000 distributor locations
worldwide. Annual sales in 2012 were SEK 64,575 million and the number of
employees was 46,775. www.skf.com

® SKF is a registered trademark of the SKF Group. ™ BeyondZero is a trademark
of the SKF Group.

This information was brought to you by Cision http://news.cision.com

Contact:

MEDIA HOTLINE:
46 31 337 2400
or
PRESS: Rebecca Janzon
Director, Press Relations
tel: 46 31 337 3880
mobile: 46 727-173880
e-mail: rebecca.janzon@skf.com
or
INVESTOR RELATIONS: Marita Björk
Head of Investor Relations
tel: 46 31-337 1994
mobile: 46 705-181994
e-mail: marita.bjork@skf.com
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