SANDVIK AB Full-year report 2005

Fourth quarter • Profit after financial items rose 34% to SEK 2,566 M. • Order intake increased 8%* to SEK 16,689 M. • Earnings per share rose 39% to SEK 7.45. • Cash flow increased 38% to SEK 2,206 M. Full-year 2005 • Profit after financial items increased 28% to SEK 8,819 M. • Order intake increased 15%* to SEK 66,186 M. • Net profit for the period increased 25% to SEK 6,392 M. • Earnings per share rose 28% to SEK 24.70. • Proposal for increased dividend by SEK 2.50 to SEK 13.50 and 5:1 share split. Sandviken, 8 February 2006 Sandvik AB; (publ) Board of Directors The Company’s auditors have not conducted a special audit of the report of the fourth quarter. The Sandvik Group’s earnings for the first quarter of 2006 will be published on 2 May 2006. The Annual General Meeting will be held in Sandviken on 2 May 2006. For additional information, please call +46 (26)26-10 01. A combined presentation and telephone conference will be held on 8 February at 2:00 p.m. at Operaterrassen, in Stockholm. For further information, visit www.sandvik.com.