Sandvik's buy-back of own shares

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Sandvik's buy-back of own shares Sandvik's current holding of own shares amounted at 28 June to 2,286,000 shares, corresponding to 0.88% of the total number of shares (258,696,000). In accordance with the decision at the 2001 Annual General Meeting, Sandvik has the possibility of repurchasing a total of 12,934,800 shares, corresponding to 5% of the total number of shares. Sandviken, 29 June 2001 Sandvik AB; (publ) For further information, contact Gunnar Båtelsson, Group Treasurer and Vice President Finance, Sandvik AB, +46 26 26 10 20. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/29/20010629BIT00350/bit0001.doc http://www.bit.se/bitonline/2001/06/29/20010629BIT00350/bit0002.pdf

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