Sandvik to divest Sandvik Calamo

Sandvik to divest Sandvik Calamo

Sandvik has reached an agreement with German company Dockweiler Edelstahl GmbH
to divest Sandvik Calamo, a product unit within the Sandvik Materials Technology
business area.

Sandvik Calamo is a supplier of electro-polished tube products, primarily to the
electronics industry. The unit, which is located in Molkom, Sweden, has 36
employees and sales of approximately SEK 65 M.

The focus of the operations will remain unchanged and all employees will be
transferred to the new owner. The products will be sold through the existing
sales network, mainly via Sandvik's sales units.

Dockweiler is a world leader within tube systems for such applications as
semiconductor manufacturing.

“The sale of Sandvik Calamo is part of our efforts to phase out operations
outside the defined core business of Sandvik Materials Technology,” says Peter
Gossas, President of Sandvik Materials Technology.

The divestment is expected to be concluded in October 2008.


Sandviken, 9 October 2008

Sandvik AB; (publ)


For further information, contact Peter Gossas, President of Sandvik Materials
Technology business area, 
tel: +46 26 26 33 33 or Jan Lissåker, Vice President Investor Relations, Sandvik
AB, tel: +46 26 26 10 23.


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
2007 about 47,000 employees and representation in 130 countries, with annual
sales of more than SEK 86,000 M.

Sandvik Materials Technology is a business area within the Sandvik Group and a
world-leading manufacturer of high value-added products in advanced stainless
materials, special alloys, metallic and ceramic resistance materials, as well as
process plants. Annual sales 2007 were about SEK 22,500 M with 9,100 employees.
The product areas comprises Tube, Strip, Wire, Kanthal, Process Systems and
Sandvik MedTech.