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Sandvik Group

Lars Josefsson new President of Sandvik Mining and Construction

Lars Josefsson has been appointed President of the Sandvik Mining and Construction business area and a member of Group Executive Management, effective 1 January 2004.

"AlttextLars Josefsson, new President of Sandvik Mining and Construction.

Lars, 50, with a M.Sc. Eng. degree, is currently President of the power generation company ALSTOM Sweden, with 3,000 employees and annual sales of SEK 7,000 M. He has experience from various executive positions within ABB STAL and ABB.

Anders Ilstam new Executive Vice President of Sandvik AB

Anders Ilstam, who has been President of the Sandvik Mining and Construction business area since 1998 and a member of Group Executive Management, has been appointed Executive Vice President of Sandvik AB, effective 1 January 2004.

Sandviken 5 August 2003

Sandvik AB; (publ)