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Sandvik Aktiebolaget (SDF)

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Thursday 05 December, 2002

Sandvik Aktiebolaget

Sandvik secures materials-handling orders valued a

Sandvik secures materials-handling orders valued at more than SEK 350 M

The market-leading technology and service company Sandvik Materials
Handling, part of the Sandvik Mining and Construction business area, has
secured three major orders for materials-handling equipment for ports
and mines. The total value of the orders is in excess of SEK 350 M.

The orders are for deliveries to the port of Bourgas in Bulgaria, an
iron-ore mine in Dalian, China and to the Goro nickel mine in New
Caledonia in the southwest Pacific, east of Australia. The deliveries
will be made in 2003-2004.

All three orders were secured through the Sandvik subsidiary in Austria,
Voest-Alpine Materials Handling.

"These market successes are further confirmation that our focus on high
technology combined with service provides us a significant competitive
advantage," says Jarmo Juntunen, President of Sandvik Materials
Handling.

Sandviken, 5 December 2002

Sandvik Mining and Construction

Further information can be obtained from Anders Ilstam, President of
Sandvik Mining and Construction, telephone: +46 26 26 51 01, or Walter
Liebfahrt, Voest-Alpine Materials Handling, telephone + 43 3577 755 821.

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
37,000 employees in 130 countries, with annual sales of approximately
SEK 55,000 M.

Sandvik Mining and Construction is a business area within the Sandvik
Group and a world-leading manufacturer of drilling and excavation
machinery, tools and service for the mining and construction industries.
Annual sales amount to SEK 14,800 M, with about 8,000 employees.

Sandvik Materials Handling is a business sector within Sandvik Mining
and Construction and a leading engineering and service company that
focuses on the handling of bulk materials and also manufactures
components for conveyors. Annual sales amount to approximately SEK 2,000
M with about 900 employees.
                                                                                                              

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