News from the Group

November 14, 1996 , Press release

Lars Östholm, Executive Vice President of Sandvik AB, will retire on 31 January 1997.

June 18, 1996 , Press release

The Special General Meeting of shareholders in Sandvik AB, held in Sandviken 18 June 1996, resolved to divest the company's holding of shares in Tamrock Oy (Tamrock) to Tampella Ab (Tampella).

May 28, 1996 , Press release

Through its wholly owned subsidiary Sandvik Invest AB, Sweden, has acquired an additional 9 million shares in Oy Tampella Ab.

May 24, 1996 , Press release

Sandvik Invest AB, a wholly owned subsidiary of Sandvik AB, Sandviken, Sweden, has acquired an additional 20,150,173 shares in Oy Tampella Ab, Finland, corresponding to 15.1% of the total number of shares in Tampella.

May 22, 1996 , Press release

During the period 10 April through 20 May 1996, Sandvik Invest AB, a wholly owned subsidiary of Sandvik AB, has acquired an additional 115,785 B shares in Kanthal AB.

May 22, 1996 , Press release

Sandvik has acquired the remaining 50% of the shares in Sandvik Villares Wire Ltda in Brazil from its partner Acos Villares.

May 13, 1996 , Press release

In his address to the shareholders at Sandvik AB's Annual General Meeting on 10 May 1996, Chief Executive Officer Clas Åke Hedström commented on the very successful operations in fiscal year 1995.

April 16, 1996 , Press release

Sandvik has held a 25% interest in Tamrock Oy of Finland since 1991.

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