Sandvik signs syndicated loan facility

Sandvik signs syndicated loan facility

Sandvik AB and Sandvik Treasury AB (publ) have signed a seven-year EUR 500 M
Syndicated Revolving Credit Facility maturing in 2012. The facility will be used
for general corporate purposes and as a complement to the existing facilities
with the aim of securing Sandvik's new financial targets.

MLA's and bookrunners for the transaction were Citi, Handelsbanken Capital
Markets, HSBC Bank Plc and SEB. Svenska Handelsbanken is the facility agent.

A highly successful and oversubscribed syndication resulted in a group of 14
participating banks.


Sandviken, 3 May 2007 

Sandvik AB; (publ)


For further information, please call:
Anders Örbom, Group Treasurer, Sandvik AB +46 26 26 10 30
Per Nordberg, Executive Vice President and CFO, Sandvik AB +46 26 26 10 60.


Sandvik is a high-technology engineering group with advanced products and
world-leading positions in selected areas - tools for metalworking, machinery
and tools for rock excavation, stainless steel, special alloys and resistance
heating materials and process systems. The Group has more than 42,000 employees,
representation in 130 countries and with annual sales of more than SEK 72,000 M.