Annual General Meeting of Sandvik AB

Shareholders in Sandvik Aktiebolag are hereby convened to the Annual General Meeting to be held on Tuesday, 29 April 2008, at 5:00 p.m. at Jernvallen, Sandviken, Sweden.

RIGHT TO PARTICIPATE AND NOTIFICATION

Shareholders who wish to participate in the Meeting must be recorded in the share register maintained by VPC AB (the Swedish Central Securities Depository) as of Wednesday, 23 April 2008 and notify Sandvik AB of their intention to participate in the Meeting not later than Wednesday, 23 April 2008.

Notification of participation in the Meeting shall be made to Sandvik AB, Legal Affairs, SE-811 81, Sandviken, Sweden, by telephone, +46 (0)26-26 09 40 weekdays 9:00 a.m.-12:00 noon and 1:00 p.m.- 4:00 p.m., by telefax, +46 (0)26-26 10 86, or via the Internet on the Company’s website www.sandvik.com. Shareholders whose shares are registered in the name of a trustee must temporarily have re-registered the shares in their own name at VPC on Wednesday, 23 April 2008 to be entitled to participate in the Meeting. Please note that this procedure also applies to shareholders who utilize bank shareholder deposit accounts and/or trade via the Internet.

Please provide name, personal registration or corporate registration number, address and telephone number and information regarding any assistants when providing notification. If participation is by proxy, the proxy should be forwarded prior to the Annual General Meeting. Proxy forms will be available at the Company’s website www.sandvik.com.

PROGRAMME FOR SHAREHOLDERS

Registration for the General Meeting will commence at 2:00 p.m. and the programme at 2:30 p.m. Beverages and snacks will be served at approx. 4:15 p.m.

Sandviken in March 2008

SANDVIK AKTIEBOLAG (publ)

The Board of Directors