Ingersoll-Rand - New client with BTS

12/19/2003 5:00 AM EST

Ingersoll-Rand has commissioned the training and consultancy company
BTS to develop and deliver a Global Business Acumen workshop for their
top 250 managers.

The assignment includes a tailored, computer based business simulation.
The objective is to increase business acumen skills around creating
shareholder value and a global competitive advantage for Ingersoll-
Rand.

"We are happy for the chance to work with a growing and innovative
company such as Ingersoll-Rand and feel confident that they will
benefit from our global experience with other industrial companies.
This is further validation that the market recognizes that BTS can
deliver high-quality executive solutions for large corporations," says
Henrik Ekelund, President and CEO of BTS Group.

BTS is listed on the Stockholm Stock Exchange since the 6 June 2001.

Ingersoll-Rand is a global innovation and solutions provider with
powerful brands and leading positions within its markets and a
portfolio of worldwide businesses of leading industrial and commercial
brands.

For further information please contact:
Henrik Ekelund, President and CEO of BTS Group AB, tel: +46 (0) 733 500
150
Christian Ankarcrona, Investor Relations, tel: + 46 8 58 70 70 00
Homepage; www.bts.com

BTS Group AB is an international training and consultancy company in
the field of business acumen. BTS uses tailor-made business simulations
to support company managers in implementing change and improving
profitability. BTS train the entire organisation to analyse and to take
decisions centred on the factors that promote growth and profitability.
This generates increased emphasis on profitability and market focus,
and supports day-to-day decision-making, which in turn leads to
tangible, sustainable improvements in profits. BTS customers are often
multinational companies. In 2002, BTS generated a turnover of SEK 172
million and has today 100 employees.