SANDVIK AB Full-year report 2005

Fourth quarter • Profit after financial items rose 34% to SEK 2,566 M. • Order intake increased 8%* to SEK 16,689 M. • Earnings per share rose 39% to SEK 7.45. • Cash flow increased 38% to SEK 2,206 M. Full-year 2005 • Profit after financial items increased 28% to SEK 8,819 M. • Order intake increased 15%* to SEK 66,186 M. • Net profit for the period increased 25% to SEK 6,392 M. • Earnings per share rose 28% to SEK 24.70. • Proposal for increased dividend by SEK 2.50 to SEK 13.50 and 5:1 share split. Sandviken, 8 February 2006 Sandvik AB; (publ) Board of Directors The Company’s auditors have not conducted a special audit of the report of the fourth quarter. The Sandvik Group’s earnings for the first quarter of 2006 will be published on 2 May 2006. The Annual General Meeting will be held in Sandviken on 2 May 2006. For additional information, please call +46 (26)26-10 01. A combined presentation and telephone conference will be held on 8 February at 2:00 p.m. at Operaterrassen, in Stockholm. For further information, visit www.sandvik.com.

About Us

Sandvik Group Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining and construction industries; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2016, the Group had approximately 43,000 employees and sales of 82 billion SEK in more than 150 countries within continuing operations.

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