Sandvik enters into a long-term agreement with IBM

Sandvik has entered into a five year strategic agreement, to a value of 2
billion SEK, with the IT and consulting company IBM and will outsource parts of
the IT infrastructure services. This is an important step towards strengthening
the internal business solution for Sandvik IT and also a vital part in Sandvik’s
ambition to be a globally integrated company.

The services in scope for this agreement are ‘data center services’ and
‘workplace’. ‘Data center services’ includes the operation of all server
platforms including hardware, application platform software and facilities where
servers are placed. ‘Workplace’ includes all services to manage Office PC’s as
well as messaging, collaboration, standard applications and second line user
support. All tasks within ‘workplace’ and ‘data center services’ will be
performed by IBM. Under the terms of this agreement IBM will offer employment to
Sandvik's resources currently working in these areas.

Sandvik aims to become a more fast-paced, global and customer focused company
with greater synergies within IT and other selected areas. This agreement will
enable scalability and flexibility in cost, resources and competence for
Sandvik. In the long term perspective this will provide an increased cost
efficiency and quality of IT services and also secure access to the right skills
and competence.

“We are very satisfied to have entered this agreement with IBM and have high
expectations on their ability to meet our demands”, says Göran Kördel, Chief
Information Officer of Sandvik.

Sandviken, 3 July 2012

Sandvik Aktiebolag



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 a.m. on 3 July 2012.

For further information, Göran Kördel, CIO, Sandvik AB, tel +46 26 26 27 01 or
Magnus Larsson, Vice President Investor Relations, Sandvik AB, tel: +46 26 26 09
37.



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.