Boliden enters into new credit facilities amounting to SEK 2 billion

Boliden has entered into two new credit facilities amounting to a total of SEK 2 000 million and has thereby increased the Group's payment capacity by the same amount in the form of unutilised binding credit facilities. The agreements entered into have a seven-year tenure and are 75 per cent guaranteed by the Swedish Export Credits Guarantee Board.

The Boliden Group's payment capacity after entering into these new credit facilities amounts to SEK 9 200 million. In addition to liquid assets and the new credit facilities, the payment capacity comprises two syndicated credit facilities - one unutilised facility amounting to SEK 4 300 million maturing in 2011 and one partially utilised facility amounting to EUR 600 million mainly maturing in 2013.

For further information, please contact:

Frans Benson, Director Investor Relations, Boliden AB, tel. +46-8 610 1523

 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

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