Ola Salmn has been appointed CFO of Sandvik Group and member of Group Executive Management as of 1 September. He succeeds Per Nordberg, who based upon his own wish will leave Sandvik for other opportunities. Ola Salmn is 54 years old and holds an MBA degree at Stockholm University. Currently he is CFO of Vin & Sprit AB. His previous experiences includes leading positions in Stora Financial Services, Handelsbanken Markets and Adcore. "I would like to thank Per for his contribution to developing the financial processes within the Sandvik Group and wish him all the best going forward. Finally, I also want to welcome Ola to this position as CFO at Sandvik," says Lars Pettersson, CEO of Sandvik. Sandviken, 25 February 2009 Sandvik Aktiebolag (publ)

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