Sandvik's buy-back of own shares

Sandvik's current holding of own shares amounted at 4 September to 4,047,000 shares, corresponding to 1.56% 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, 5 September 2001