Boliden — Capital/Financing Update 2010

Jun 21, 2010

Press Release 12/2010

Stockholm June 21, 2010

Boliden enters into a syndicated Multi-Currency Revolving Credit Facility amounting to MSEK 6 100

Boliden has together with 9 banks entered into a syndicated Multi-Currency Revolving Credit Facility amounting to MSEK 6 100. The facility has a tenor of five years and its main purpose being refinancing an existing facility amounting to MSEK 4 300 maturing in 2011.

The new facility is currently unutilized.

For further information, please contact:

Frans Benson, Director Investor Relations, Boliden AB, tel +46 8 610 15 23

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