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Sandvik Mining signs major project orders

At the end of March, Sandvik Mining signed three major materials handling
contracts with customers in Latin America and Australia.
The combined value of
the contracts exceeds 1,600 MSEK and will be executed and contribute to Sandvik
Mining's business during the years 2012 until 2014.

The orders include design
and supply of continuous mining equipment for a fully truckless In-Pit Crushing
and Conveying (IPCC) system and two waste lines for a surface mine in Latin
America. For Australia the order includes design, supply and installation of
materials handling equipment for iron ore stacking and reclaiming for a surface
mine.

"The importance, size and complexity of the systems and the impressive
performance data demonstrate Sandvik Mining's capability to provide high-tech
solutions in the area of continuous mining and materials handling systems for
surface mining applications", says Gary Hughes, President of the Sandvik Mining
business area.

Sandviken, 12 April 2012

Sandvik Aktiebolag

The
information was submitted for publication at 13.30 CET on 12 April 2012.
For further information contact: Gary Hughes, President Sandvik Mining, tel
+46 220 22 180 or Jan Lissåker, Executive Vice President Group Communications,
Sandvik AB,
tel +46 26 26 10 23.
The Sandvik Group
Sandvik is a global industrial group with advanced products
and world-leading positions in selected areas – tools for metal cutting,
equipment and tools for the mining and construction industries, stainless
materials, special alloys, metallic and ceramic resistance materials as well as
process systems. In 2011 the Group had about 50,000 employees and representation
in 130 countries, with annual sales of more than 94,000 MSEK.

Sandvik
Mining
Sandvik Mining is a business area within the Sandvik Group and a leading
global supplier of equipment and tools, service and technical solutions for the
mining industry. The offering covers rock drilling, rock cutting, rock crushing,
loading and hauling and materials handling. In 2011 sales amounted to about
32,200 MSEK, with approximately 13,200 employees (pro forma rounded numbers).
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