Boliden — AGM Information 2009

Apr 29, 2009

Press Release 7/2009

Skellefteå April 29, 2009

Communiqué from Boliden AB's Annual General Meeting, held on 29th April, 2009

Dividend

The Annual General Meeting approved payment to the shareholders of a dividend of SEK 1 per share for the 2008 financial year and resolved that Tuesday 5th May, 2009 shall be the record date for the right to receive dividends. The dividend will be distributed through Euroclear Sweden AB on Friday 8th May, 2009.

The Board of Directors

The Meeting resolved to re-elect the following Ordinary Members: Marie Berglund, Staffan Bohman, Lennart Evrell, Ulla Litzén, Leif Rönnbäck, Matti Sundberg and Anders Sundström. Anders Ullberg was re-elected as Chairman of the Board. Carl Bennet has declined re-election.

Fees

The Meeting resolved that the Directors' fees would remain unchanged, i.e. at SEK 850,000 for the Chairman and SEK 325,000 for Board Members not employed by the company. The Meeting also resolved that unchanged fees of SEK 150,000 will be paid to the Chairman of the Audit Committee and of SEK 75,000 to each of the two members of the Audit Committee.

Nomination Committee

The Meeting elected the following persons to comprise the new Nomination Committee: Anders Algotsson (AFA Försäkring), Lars-Erik Forsgårdh, Åsa Nisell (Swedbank Robur Fonder), Carl Rosén (Andra Ap-fonden) and Anders Ullberg (Chairman of the Board).

For further information, please contact: Marcela Sylvander, Communications Manager, Boliden AB, tel +46 8 610 1559, +46 733 244 551

Boliden is a leading European metals company whose core competence is in the fields of exploration, mining, smelting and recycling. Boliden's main metals are zinc and copper. Other important metals extracted and refined include lead, gold and silver. The operations are conducted in three Business Areas: Market, Smelters and Mines. The number of employees is approximately 4 600 and the turnover amounts to approximately SEK 30 billion annually. Its shares are listed on NASDAQ OMX Stockholm, segment Large Cap and on the Toronto Stock Exchange in Canada.