Regulatory News:

Sanvik AB (STO:SAND):

CONTINUED WEAK DEMAND

-- Order intake SEK 17,241 M

-- Invoiced sales SEK 16,578 M

-- Operating profit SEK +51 M

-- Profit after financial items SEK -523 M

-- Earnings per share SEK -0.15

-- Cash flow SEK +3,630 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 fourth quarter 2009 will be published on 3 February 2010.

A combined presentation and teleconference will be held on 30 October 2009 at 14.00 CET at Operaterrassen in Stockholm. Information available at www.sandvik.com/ir.

Sandviken 30 October 2009

Sandvik Aktiebolag (publ)

Lars Pettersson President and CEO

Sandvik discloses the information provided herein pursuant to the Securities Market Act. The information is submitted for publication on 30 October 2009 at 08.00 CET.

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SOURCE: Sandvik

Sandvik Investor Relations Jan Lissaker tel. +46 26 26 10 23 or Magnus Larsson tel +46 26 26 09 37 info.ir@sandvik.com www.sandvik.com