NEWS

<p class="c1" style="font-size:15px;border-top:0px;font-family:Arial, Helvetica, sans-serif;border-right:0px;vertical-align:baseline;background:#ffffff;white-space:normal;word-spacing:0px;border-bottom:0px;text-transform:none;font-weight:400;color:#5e5e5e;outline-width:0px;padding-bottom:0px;font-style:normal;padding-top:0px;outline-style:none;padding-left:0px;border-left:0px;orphans:2;widows:2;margin:9px 0px 1em;letter-spacing:normal;outline-color:invert;line-height:1.5em;padding-right:0px;text-indent:0px;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;text-decoration-style:initial;text-decoration-color:initial;"> <span style="font-size:12px;font-family:Arial;color:#000000;">&nbsp;</span><span style="font-size:12px;font-family:Arial;color:#000000;">Due to a conversion of shares from Series A to Series B in accordance with the Company’s Articles of Association, AB SKF confirms the following.</span> </p> <img alt="" src="http://www.bearing.com.cn/membcentre/editor/attached/image/20190131/20190131165552_78834.png" /> <p class="c1" style="font-size:15px;border-top:0px;font-family:Arial, Helvetica, sans-serif;border-right:0px;vertical-align:baseline;background:#ffffff;white-space:normal;word-spacing:0px;border-bottom:0px;text-transform:none;font-weight:400;color:#5e5e5e;outline-width:0px;padding-bottom:0px;font-style:normal;padding-top:0px;outline-style:none;padding-left:0px;border-left:0px;orphans:2;widows:2;margin:9px 0px 1em;letter-spacing:normal;outline-color:invert;line-height:1.5em;padding-right:0px;text-indent:0px;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;text-decoration-style:initial;text-decoration-color:initial;"> &nbsp; </p> <p class="c1" style="font-size:15px;border-top:0px;font-family:Arial, Helvetica, sans-serif;border-right:0px;vertical-align:baseline;background:#ffffff;white-space:normal;word-spacing:0px;border-bottom:0px;text-transform:none;font-weight:400;color:#5e5e5e;outline-width:0px;padding-bottom:0px;font-style:normal;padding-top:0px;outline-style:none;padding-left:0px;border-left:0px;orphans:2;widows:2;margin:9px 0px 1em;letter-spacing:normal;outline-color:invert;line-height:1.5em;padding-right:0px;text-indent:0px;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;text-decoration-style:initial;text-decoration-color:initial;"> &nbsp; </p> <p class="c1" style="font-size:15px;border-top:0px;font-family:Arial, Helvetica, sans-serif;border-right:0px;vertical-align:baseline;background:#ffffff;white-space:normal;word-spacing:0px;border-bottom:0px;text-transform:none;font-weight:400;color:#5e5e5e;outline-width:0px;padding-bottom:0px;font-style:normal;padding-top:0px;outline-style:none;padding-left:0px;border-left:0px;orphans:2;widows:2;margin:9px 0px 1em;letter-spacing:normal;outline-color:invert;line-height:1.5em;padding-right:0px;text-indent:0px;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;text-decoration-style:initial;text-decoration-color:initial;"> <span style="font-size:12px;font-family:Arial;color:#000000;">As per 31 January the Company’s share capital amounts to SEK 1,138,377,670 and the total number of shares amounts to 33,221,095 shares of Series A and 422,129,973 shares of Series B. The number of votes in the Company amounts to 75,434,092.</span> </p> <p class="c1" style="font-size:15px;border-top:0px;font-family:Arial, Helvetica, sans-serif;border-right:0px;vertical-align:baseline;background:#ffffff;white-space:normal;word-spacing:0px;border-bottom:0px;text-transform:none;font-weight:400;color:#5e5e5e;outline-width:0px;padding-bottom:0px;font-style:normal;padding-top:0px;outline-style:none;padding-left:0px;border-left:0px;orphans:2;widows:2;margin:9px 0px 1em;letter-spacing:normal;outline-color:invert;line-height:1.5em;padding-right:0px;text-indent:0px;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;text-decoration-style:initial;text-decoration-color:initial;"> <span style="font-size:12px;font-family:Arial;color:#000000;">AB SKF does not hold any own shares.</span> </p>