Sandvik AB Interim report fourth quarter 2009.

WEAK DEMAND BUT STRONG CASH FLOW

• Order intake SEK 19,787 M • Invoiced sales SEK 18,211 M • Operating profit SEK +408 M • Operating profit ex one-offs SEK +1,008 M • Profit after financial items SEK -77 M • Cash flow SEK +4,008 M Accounting policies This interim report was prepared in accordance with IFRS, applying IAS 34, Interim Financial Reporting. The same accounting and valuation policies were applied as in the most recent annual report, with the exception of certain new standards and interpretations, which are applied from 1 January 2009. Revised IAS 1 Presentation of financial statements entails that items recognized directly in equity that do not affect transactions with owners must now be recognized in the income statement under the heading Other comprehensive income. Sandvik has chosen to present other comprehensive income as a component in the income statement and not as a separate statement. The Sandvik Group's interim report for the first quarter 2010 will be published on 4 May 2010. Additional information may be obtained from Jan Lissåker, Sandvik Investor Relations at tel. +46 26 26 10 23 or Magnus Larsson at tel +46 26 26 09 37 or by e-mail to info.ir@sandvik.com. A combined presentation and teleconference will be held on 3 February 2010 at 14.00 CET at Operaterrassen in Stockholm. Information available at www.sandvik.com/ir. Sandviken 3 February 2010 Sandvik Aktiebolag (publ) The Board of Directors Sandvik discloses the information provided herein pursuant to the Securities Market Act. The information is submitted for publication on 3 February 2010 at 08.00 CET.

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