Interim report on the third quarter of 2012

CONTINUED STRONG EXECUTION, BUT A MORE CAUTIOUS MARKET

  · Third quarter
    · Order intake 21,795 million SEK
    · Invoiced sales 23,424 million SEK
    · Operating profit 3,325 million SEK
    · Operating margin 14.2%
    · Profit before tax 2,852 million SEK
    · Cash flow from operations +3,979 million SEK

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 new and
revised standards and interpretations effective from 1 January 2012. These
changes have not had any significant impact on Sandvik’s financial statements.

The report for the third quarter 2012 will be published on 25 October 2012.
Additional information may be obtained from Magnus Larsson, Sandvik Investor
Relations, at tel. +46 8 456 12 40 or by e-mailing info.ir@sandvik.com.

A teleconference will be held on 25 October 2012 at 14.00 CET. Information is
available at www.sandvik.com/ir.

Stockholm 25 October 2012

Sandvik Aktiebolag (publ)

Olof Faxander

President and CEO

Sandvik discloses the information provided herein pursuant to the Securities
Market Act. The information

is submitted for publication on 25 October 2012 at 08.00 am CET.
Sandvik Group
Sandvik is a global industrial group with advanced products and world-leading
positions in selected areas – tools for metal cutting, equipment and tools for
the mining and construction industries, stainless materials, special alloys,
metallic and ceramic resistance materials as well as process systems. In 2011
the Group had about 50,000 employees and representation in 130 countries, with
annual sales of more than 94,000 MSEK.