Chicago, Illinois, November 28, 2007 –Mori Seiki has announced the acquisition of Sandvik Tobler SAS, France, a division of Sandvik Tooling. With operations in Louvres, France, Sandvik Tobler produces precision mandrels and clamping solutions for the automotive industry. The company posted 2006 sales of approximately $12.5 million.

The transfer of Sandvik Tobler to Mori Seiki is expected to take place in January 2008, subject to obtaining the appropriate approvals from the relevant antitrust authorities. The integration of the business into Mori Seiki represents a continued commitment to increasing engineering performance and providing customers with total machine tool and workholding solutions.

About Sandvik
Sandvik is a global industrial group with advanced products and world-leading position in selected areas – tools for metal cutting, machinery and tools for rock excavation, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. At the close of 2006, the group had approximately 42,000 employees and representation in 130 counties, with annual sales of over $10 billion.

About Mori Seiki
Mori Seiki produces extremely reliable machine tools and distributes worldwide. The U.S. headquarters is in Chicago with offices in Boston, Chicago, Cincinnati, Dallas, Detroit, Los Angeles, and New Jersey. For more about Mori Seiki and the products in the Mori Seiki line, visit www.moriseiki.com or call (847) 593-5400.