Sandvik renews credit facility

Sandvik renews credit facility

Sandvik has concluded an agreement for a guaranteed credit facility with a
five-year term, with the option to extend it up to seven years. The facility,
which is divided into two currencies comprising 650 MEUR and 5 billion SEK, has
been placed at the disposal of the company by the following banks:
Handelsbanken, Nordea and SEB acting as coordinators, in addition to Bank of
Tokyo-Mitsubishi, Barclays, Citi, Danske Bank, Deutsche Bank, Goldman Sachs,
HSBC, J.P. Morgan, Royal Bank of Scotland, Societe Generale, Standard Chartered
and Swedbank.

“I am pleased that we have been able to secure liquidity in this manner for the
years ahead while also confirming the banks included in our core relationship
bank group,” says Anders Örbom, Group Treasurer, Sandvik AB.

The credit facility will replace earlier facilities totaling 1.5 billion EUR and
will comprise Sandvik’s primary liquidity reserve, which is considered adequate
to meet all normal, short-term liquidity requirements.

Sandviken, 3 February 2012

Sandvik Aktiebolag (publ)

Sandvik AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at
09.00 CET on 3 February 2012.

For further information, please contact Anders Örbom, Group Treasurer, tel +46
26 26 10 30 or Magnus Larsson, Investor Relations, Sandvik AB, tel +46 26 26 09
37.