Boliden — Capital/Financing Update 2012

May 9, 2012

Press Release 9/2012

Stockholm May 9, 2012

Boliden enters into MEUR 400 syndicated credit facility

Boliden has together with 14 banks entered into a syndicated multi-currency revolving credit facility agreement amounting to MEUR 400. The facility has a tenor of five years and replaces an existing facility agreement amounting to MEUR 410 maturing in 2012/2013.

Boliden's total credit facilities, after entering into the new facility, amounts to 15 billion SEK and the average duration of Boliden's debt portfolio is 4,0 years.

The new facility is planned as a backup facility and is initially unutilized.

For further information, please contact:

Marcela Sylvander, Director Group Communications, +46 8 610 1559, +46 733 244 551