Outokumpu has sold the remaining shares in Boliden

Not for release or distribution in USA, Japan or Canada.

Boliden has been informed that Outokumpu has sold the remaining 46 669 712 Boliden shares, representing some 16.1 per cent of votes and share capital in Boliden. After the sale Outokumpu owns no shares in Boliden.

Boliden and Outokumpu will continue to have a technology co-operation.

For further information, please contact:
Jan Johansson, President and CEO, Boliden AB, tel.: +46 (0)8 610 1602, +46 (0)70 555 02 02
Ulf Söderström, Senior VP Group Communications, telephone +46 8 610 15 57, +46 70 618 95 95

Boliden is one of the leading mining and smelting companies in the world with operations in Sweden, Finland, Norway and Ireland. Boliden's main products are copper, zinc, lead, gold and silver. Exploration and Recycling of Base Metals are also important within the company. The number of employees is approximately 4 500 and the turnover amounts to approximately EUR 2 billion annually. The Boliden share is quoted on the Stockholm Stock Exchange in Sweden as well as on the Toronto Stock Exchange in Canada.

www.boliden.com

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