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Sandvik: Interim Report First Quarter 2006.

STOCKHOLM, Sweden -- Continued strong growth

--Order intake +23%*, SEK 20,985 M

--Invoiced sales +15%*, SEK 17,481 M

--Profit after financial items +42%, SEK 2,684 M

--Profit for the period +42%, SEK 1,939 M

--Return on capital employed, 25.1% (20.3%)

--Cash flow +91%, SEK 2,379 M

--Earnings per share +48%, SEK 7.70

Additional information is available by telephone +46 (0)26-26 10 01. A telephone conference will be held on 2 May at 2:00 p.m. For further information, visit www.sandvik.com

Sandviken, 2 May 2006

Sandvik AB; (publ) (STO:SAND) (LSE:SDF)

Lars Pettersson

President and CEO

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