Boliden — Board/Management Information 2010

Oct 8, 2010

Press release 17/2010

Stockholm October 8, 2010

Johan Fant to leave Boliden

Boliden's CFO, Johan Fant, is leaving the company at his own request to take up the position of CFO at Axel Johnson AB.

Johan Fant started working at Boliden in January 2009 when the industry was experiencing a turbulent time. Since then, both the industry and Boliden have developed in the right direction.

"I would like to thank Johan for all his good work during his time with us and wish him every success with his new challenges," says Boliden's President, Lennart Evrell.

Johan Fant has a six-month notice period. The recruitment process to find his successor has commenced.

For further information, please contact: Marcela Sylvander, Director Group Communications, Boliden AB, tel: +46 8 610 15 59

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 two Business Areas: Mines and Smelters. The number of employees is approximately 4 400 and the turnover amounts to approximately SEK 28 billion annually. Its shares are listed on NASDAQ OMX Stockholm, segment Large Cap and on the Toronto Stock Exchange in Canada.

www.boliden.com