Sandvik AB - New Vice President, Group Treasurer

Anders Örbom has been appointed Vice President, Group Treasurer for Sandvik, responsible for Group Staff Treasury. He assumes his new position in May. Anders 46, has years of experience of international finance and internal banking operations and most recently served at Atlas Copco. Anders succeeds Gunnar Båtelsson who is moving to other duties within the Group. Sandviken, 23 February 2006 Sandvik AB; (publ)