Sandvik

M&A Activity • Jul 2, 2009

Sandvik signs agreement for delivery of steam generator tubes valued at SEK 2 billion

Sandvik Materials Technology has signed a multi-year delivery contract for steam generator tubes for the nuclear power industry. The contract is valued at more than SEK 2 billions, and deliveries will begin in the end of 2013.

The customer is the French company AREVA NP SAS, and the steam generator tubes will be used in nuclear power plants all over the world.

"The nuclear power industry places extremely high demands on product quality and performance. This agreement strengthens Sandviks' position as a leading supplier of steam generator tubes for the rapidly expanding nuclear power industry," says Peter Gossas, President of the Sandvik Materials Technology business area.

Sandviken, 2 July 2009

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 a.m. on 2 July 2009.

For further information, contact Peter Gossas, President of Sandvik Materials Technology business area, +46 26 26 36 28 or Jan Lissåker, Vice President Investor Relations, Sandvik AB, +46 26 26 10 23.

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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. The Group had 2008 about 50,000 employees and representation in 130 countries, with annual sales of nearly SEK 93,000 M.

Sandvik Materials Technology is a business area within the Sandvik Group and a world-leading manufacturer of high value-added products in advanced stainless materials, special alloys, metallic and ceramic resistance materials, as well as process systems. Annual sales 2008 were about SEK 21,500 M with 9,300 employees. The product areas comprises Tube, Strip, Wire, Kanthal, Process Systems and MedTech.

Postal address Public Company (publ) Telephone Telefax

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