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(Gothenburg, 28 Apri 2011)
The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held in Göteborg on Thursday, 28 April 2011, under the chairmanship of Mr Leif Östling.
The income statements and the balance sheets were adopted, together with the Board's proposal for distribution of dividend. A dividend of SEK 5 per share was approved. To be entitled to receive the dividend, shareholders must be recorded in the share register on 3 May 2011.
The Meeting resolved that the Board's fee for 2011 is to be in accordance with the following:
a) a firm allotment of SEK 4,500,000 to be distributed with SEK 1,200,000 to the Chairman of the Board, and with SEK 412,500 to each other Board member elected by the General Meeting and not employed by the company;
b) a variable allotment corresponding to the value, calculated as below, of the number of shares in the company of series B the value of which after the Annual General Meeting shall amount to SEK 400,000 to be received by the Chairman, and the number of shares in the company of series B the value of which after the Annual General Meeting shall amount to SEK 137,500 to be received by each other Board member; and
c) an allotment for committee work of SEK 765,000 to be distributed with SEK 175,000 to the chairman of the Audit Committee, with SEK 125,000 to each of the other members of the Audit Committee, with SEK 100,000 to the chairman of the Remuneration Committee and with SEK 80,000 to each of the other members of the Remuneration Committee.
A prerequisite for obtaining an allotment is that the Board member is elected by the General Meeting and is not employed by the company.
When deciding upon the variable allotment, (i) the number of shares shall be determined by dividing the amount of SEK 400,000 and SEK 137,500, respectively, with the average latest payment rate of a share of series B according to the quotations on the NASDAQ OMX Stockholm AB during the five trading days immediately following the day on which the share is traded without any right to receive dividend for 2011 and (ii) the value of a share of series B shall be determined at the average latest payment rate according to the quotations on the NASDAQ OMX Stockholm AB during the five trading days after publication of the company's press release for the financial year 2011.
The following Board members were reelected: Mr Leif Östling, Ms Ulla Litz
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| 30207JR KOYO | 35 | 72 | 17 |
| 30207CR KOYO | 35 | 72 | 17 |