Today, in a message, the Swedish Securities Council issued a statement concerning Sandvik´s sale of shares in its subsidiary Edmeston AB to an adult daughter of the President of the subsidiary.
The Securities Council believes that the sale is a way of circumventing Sweden's so-called Leo regulations.
Sandvik has noted the statement of the Securities Council and will take it into account in its future acting.
Sandviken, 8 February 2008
Sandvik AB; (publ)