Sandvik AB - Nomination Committee for Annual General Meeting on 29 April, 2008

Sandvik AB - Nomination Committee for Annual General Meeting on 29 April, 2008

At Sandvik AB's Annual General Meeting on 26 April, 2007, it was resolved that
the Company shall have a Nomination Committee comprising one representative for
each of the four principal shareholders, together with the Chairman of the Board
(convenor). At the time of the formation of the Nomination Committee, the
ownership conditions shall determine which shareholders are the principal
shareholders based on the information received from VPC AB on the last business
day in August 2007. The composition of the Nomination Committee shall be
announced publicly as soon as it is appointed. The Chairman of the Nominatiion
Committee shall be the member representing the largest shareholder. The term of
the Nomination Committee extends until the next Nomination Committee is
appointed.

The Nomination Committee shall prepare proposals regarding the Chairman of the
Meeting, the number of Board members, fees to be paid to the Board members and
auditors, the Board members and Board Chairman, the number of auditors and
election of the auditors, how the Nomination Committee shall be elected prior to
the 2009 Annual General Meeting and the duties of that Nomination Committee.

Prior to the 2008 Annual General Meeting, the Nomination Committee comprises the
following members: 

Carl-Olof By, AB Industrivärden
Curt Källströmer, Handelsbanken's Pension Foundation and Pension Fund
Staffan Grefbäck, Alecta Pension Insurance 
Marianne Nilsson, Swedbank Robur Funds
Clas Åke Hedström, Sandvik's Board Chairman

Carl-Olof By will be the Nomination Committee's Chairman.

Shareholders wishing to present proposals to the Nominating Committee can submit
them to the Nominating Committee's secretary Bo Severin (Sandvik's Chief
Counsel) by post: Sandvik AB, att: Bo Severin, SE-811 81 Sandviken, or by
e-mail: bo.severin@sandvik.com.

Information about the Annual General Meeting and the Nomination Committee is
available on the company website: www.sandvik.se or www.sandvik.com.


Sandviken, 12 September, 2007

Sandvik AB; (publ)

Clas Åke Hedström
Board Chairman and convening authority for the Nomination Committee


Sandvik is a global industrial group with advanced products and world-leading
positions in selected areas - tools for metal cutting, machinery and tools for
rock excavation, stainless materials, special alloys, metallic and ceramic
resistance materials as well as process systems. The Group had at the end of
2006 about 42,000 employees and representation in 130 countries, with annual
sales of more than SEK 72,000 M.