Sandvik

Regulatory Filings • Dec 8, 2010

Sandvik Mining and Construction receives major project orders in materials handling

During October and November, Sandvik Mining and Construction has secured a number of orders for bulk materials handling and continuous mining/crushing systems in South America, Africa and Asia. The recently signed orders include:

• the turn-key supply of a materials handling system for a coal export terminal
• a "repeat order " for supply of several iron ore handling machines for a iron ore mine
• the design and supply of a high-capacity (9100 t/hr) long-distance conveying system for iron ore mine
• the design and delivery of a complete coal storage (stacking and reclaiming) and handling/loading system for a port
• the engineering and supply of a high capacity iron ore conveying system for a port

The total value of these orders is approximately 2,200 MSEK and will be included in the order intake for the fourth quarter 2010. Delivery has commenced with completion scheduled to take place between late 2011 and mid 2013.

"We are pleased to note that, following the increase in demand for mobile mining equipment demand earlier this year, we are now also seeing arise in demand for major capital investments in mines and related infrastructures. These orders confirm Sandvik's strong position in iron ore and coal mining, preparation and bulk materials handling. We anticipate a continued high level of demand for these commodities and the orders prove our ability to provide technically superior and energy efficient continuous mining solutions. This success is based on Sandvik's vast experience and its close cooperation with customers in development and delivery of complete mining and bulk handling systems," says Lars Josefsson, President of Sandvik Mining and Construction business area.

Sandviken, 8 December 2010

Sandvik Aktiebolag (publ)

Sandvik AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09:00 CET on 8 December 2010.

For further information, contact Lars Josefsson, President of business area Sandvik Mining and Construction business area, tel +46 26 26 51 51 or Jan Lissåker, Vice President, Investor Relations, Sandvik AB, tel +46 26 26 10 23

-------------------------------------------------------------------------------------------------------------------------------------------------- Sandvik is a global industrial group with advanced products and world-leading positions in selected areas – tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2009 the Group had about 44,000 employees and representation in 130 countries, with annual sales of nearly SEK 72,000 M.

Sandvik Mining and Construction is a business area within the Sandvik Group and a leading global supplier of equipment, cemented-carbide tools, service and technical solutions for the excavation and sizing of rock and minerals in the mining and construction industries. Annual sales 2009 amounted to about SEK 32,600 M, with approximately 14,400 employees.

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SE-811 81 SANDVIKEN VAT No. SE663000060901 SWEDEN www.sandvik.com +46 26 26 10 26 +46 26 26 10 43