New Head of Human Resources at Sandvik AB

Göran Westberg has been appointed Senior Vice President Human Resources and member of Group Executive Management at Sandvik AB. The appointment becomes effective from 1 October 2010.

Göran Westberg is currently Executive Vice President Human Resources within Sandvik Materials Technology and he will keep this role until further. He has a background as army major and extensive HR experience from various executive positions within Outokumpu, Uddeholm, Ericsson, Spencer Stuart and Korn Ferry.

Peter Larson, who has been responsible for Group HR since 2007, remains as Executive Vice President and member of Group Executive Management at Sandvik AB with responsibility for Group IT and purchasing.

Bo Severin, Sandvik´s General Counsel since 2000, will also be member of Group Executive Management at Sandvik AB as of 1 October 2010.

Sandviken, 7 September 2010

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 16:15 p.m. on 7 September 2010.

For additional information, call +46-26 26 09 20, Anders Wallin, Vice President Group Communications.

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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. In 2009, the Group had about 44,000 employees and representation in 130 countries, with annual sales of nearly SEK 72,000 M