Sandvik AB Interim report on the fourth quarter 2008

Fourth quarter 2008:
• Order intake SEK 20,716 M, -18%*
• Invoiced sales SEK 24,171 M, -1%*
• Metal price effects SEK -320 M
• Currency effects SEK +700 M
• Operating profit SEK 2,235 M, -30%
• Earnings per share SEK 0.92, -44%
• Operating cash flow SEK 1,925 M , +50%

Full-year 2008:
• Order intake SEK 92,610 M, -1%*
• Invoiced sales SEK 92,654 M, +5%*
• Metal price effects SEK -1,127 M
• Currency effects SEK +675 M
• Operating profit SEK 12,794 M, -11%
• Earnings per share SEK 6.30, -18%
• Operating cash flow SEK 9,671 M, +77%
• Proposed dividend 3.15 SEK (4.00)


2009 Annual General Meeting
The Board of Directors has decided that the 2009 Annual General Meeting will be held in Sandviken on 28 April 2009 at 5.00 p.m. The notice to convene the Meeting will be made in the usual manner.

Accounting principles
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.

The company’s auditors have conducted a review of the interim report for the fourth quarter of 2008. The interim report for the first quarter of 2009 will be published on 28 April 2009.

Additional information may be obtained from Sandvik Investor Relations tel. +46 26 26 10 23
(Jan Lissåker) or tel. +46 26 26 09 37 (Magnus Larsson), or by e-mail to info.ir@sandvik.com.

A presentation and teleconference will be held on 4 February 2009 at 14:00 CET. Further information is
available at www.sandvik.com.


Sandviken, 4 February 2009


Sandvik AB; (publ)

Lars Pettersson
President and CEO

Sandvik discloses the information provided herein pursuant to the Securities Market Act and/or the
Financial Instruments Trading Act. The information was submitted for publication on 4 February
at 08:00 CET.