Derivatives: Adjustment of warrants in Sandvik AB in connection with split and redemption (46/07)

In connection with split (2:1) and redemption all warrants in Sandvik AB will be recalculated. The recalculation will be effective as from Friday May 18th, 2007. 

Please see attached appendix with sheets for information about the new terms.

For more detailed information about the recalculation please contact the issuer.