Sandvik AB Interim report on the third quarter 2007

CONTINUED STRONG GROWTH

• Order intake +11%*, SEK 21,259 M.
• Invoiced sales +16%*, SEK 21,216 M.
• Operating profit +25%, SEK 3,563 M.
• Profit after financial items +20%, SEK 3,104 M.
• Profit for the period +26%, SEK 2,299 M.
• Return on capital employed 29.1% (26.5%).
• Cash flow -25%, SEK 2,103 M.
• Earnings per share +28%, SEK 1.85.

2008 Annual General Meeting
The Board of Directors has decided that the 2008 Annual General Meeting will be held in Sandviken on 29 April 2008 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 principles were applied as in the most recentannual report.

The report for the third quarter of 2007 was subject to a special audit by the company’s auditors. The report for the fourth quarter of 2007 will be published on 31 January 2008.
Additional information may be obtained from Sandvik Investor Relations at tel. +46 (0)26-26 10 23 or by
e-mail to info.ir@sandvik.com.
A combined presentation and teleconference will be held on 26 October 2007 at 2.00 p.m. at the Operaterassen venue in Stockholm.


Sandviken, 26 October 2007

Sandvik AB; (publ)

Lars Pettersson
President and CEO

The information is such that under the Securities and Clearing Operations Act Sandvik is obligated to publish it. The information was submitted for publication on 26 October at 8.00 a.m.