Information regarding Sandvik´s capital structure

As a part of the redemption procedure approved by the Annual General Meeting 26 April 2007, Sandvik AB carried out a share split where each share was split into two shares, of which one redemption share. Upon completion of the redemption procedure the redemption shares were redeemed at a redemption price of SEK 3 per share. Sandvik´s share capital is restored to the same level as prior to the redemption procedure.

The Swedish Companies Registration Office has registered a reduction of Sandvik´s share capital of SEK 711,772,305 through redemption of 1,186,287,175 redemption shares. Further, an increase in the company´s share capital of SEK 711,772,305 is registered following a bonus issue. The increase in the share capital is transferred from the non-restricted equity. No new shares are issued in connection with the bonus issue.

Following these transactions Sandvik has a total of 1,186,287,175 outstanding shares and the share capital amounts to SEK 1,423,544,610.

The redemption procedure means that SEK 3,558,861,525 was distributed to Sandvik´s shareholders, equivalent to SEK 3 per share. Payment to the shareholders took place 20 June 2007.


Sandviken, 27 June 2007

Sandvik AB, (publ)