To calculate the equivalent concentration in µg/m\(^3\), we use the following formula:
\[
\text{Concentration (µg/m}^3\text{)} = \text{ppm} \times \frac{\text{Molar Mass of SO}_2}{\text{Molar Volume at STP}}.
\]
The molar mass of SO\(_2\) is:
\[
M_{\text{SO}_2} = 32 + 2 \times 16 = 64 \, \text{g/mol}.
\]
The molar volume at STP is 22.4 L/mol = 0.0224 m\(^3\)/mol.
Thus, the concentration in µg/m\(^3\) is:
\[
\text{Concentration} = 0.04 \times \frac{64}{0.0224} = 0.04 \times 2857.14 = 114.29 \, \mu\text{g/m}^3.
\]
Thus, the equivalent concentration is:
\[
\boxed{102} \, \mu\text{g/m}^3.
\]