Interim report third quarter 2005

Continued growth and increased profit • Profit after financial items rose 26% to SEK 2,126 M, 38% adjusted for nonrecurring items 2004 (SEK 153 M). • Order intake increased 16%* to SEK 16,480 M. • Invoiced sales rose 12%* to SEK 15,554 M. • Net profit for the period increased 23% to SEK 1,529 M. • Earnings per share rose 28% to SEK 6.00, +40% adjusted for nonrecurring items 2004. • Cash flow rose 80% to SEK 2,932 M

The Company’s auditors have not conducted a special audit of this report. The Sandvik Group’s earnings for the fourth quarter and full-year 2005 will be published on 8 February 2006. Sandvik Annual General Meeting will be held in Sandviken 2 May 2006. For additional information, please call +46 (26)26 10 01. A combined presentation and telephone conference will be held on 3 November 2.00 p.m. at Operaterrassen, in Stockholm. For further information visit www.sandvik.com Sandvik AB SE-811 81 Sandviken +46 (26) 26 00 00 www.sandvik.com Corp. Reg.No: 556000-3468