Communiqué from Boliden AB's Annual General Meeting held on 3rd May 2011

Dividend and record day
The Meeting approved a dividend of SEK 5 per share and Friday, 6th May 2011 as the record day for the dividend payment. Boliden expects to issue the dividend to its shareholders through the agency of Euroclear Sweden AB on Wednesday, 11th May 2011.

Board of Directors
The Meeting approved the re-election of the following Members of the Board: Marie Berglund, Staffan Bohman, Lennart Evrell, Ulla Litzén, Michael G:son Löw, Leif Rönnbäck, Matti Sundberg, and Anders Ullberg.

Fees
The Meeting resolved that Directors' fees should be payable in the amounts of SEK 1,000,000 to the Chairman of the Board and SEK 400,000 to Members who are not employees of the company. The Meeting further resolved that unchanged fees of SEK 150,000 and SEK 75,000 shall be payable to the Chairman of the Audit Committee and to each of the members of the Audit Committee, respectively. The Meeting also resolved that an unchanged fee of SEK 50,000 shall be payable to each of the members of the Remuneration Committee. 

Nomination Committee
The following persons were elected by the Meeting to form the new Nomination Committee: Jan Andersson (Swedbank Robur fonder), Thomas Ehlin (Nordea Fonder), Lars-Erik Forsgårdh, Anders Oscarsson (AMF), Caroline af Ugglas (Skandia Liv) and Anders Ullberg (Chairman of the Board).

For further information, please contact:
Marcela Sylvander, Director Group Communications, 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 two Business Areas: Mines and Smelters. The number of employees is approximately 4 400 and the turnover in 2010 amounted to approximately SEK 37 billion.  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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