Q4 2014

• Revenues totalled SEK 9,614 million (SEK 8,653 m)
• The operating profit totalled SEK 1,158 million (SEK 486 m)
• The operating profit, excluding the revaluation of process inventory, totalled SEK 1,134 million (SEK 548 m)
• Free cash flow totalled SEK 366 million (SEK -206 m)
• Earnings per share totalled SEK 3.06 (SEK 1.42)

Smelters post strong profit

• Record production levels at Harjavalta and Odda in 2014.
• Stronger USD compensated for lower metal prices.
• The Kylylahti copper mine became part of the Group on 1 October.
• Positive cash flow including the acquisition of Kylylahti.
• The Board of Directors proposes a dividend of SEK 2.25 (SEK 1.75) per share for 2014.

Please find enclosed the full report.

The Interim Report will be presented in Stockholm and via a webcast/conference call on Thursday, 12 February at 09:30 (CET). Information is available at www.boliden.com.

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The information provided comprises information that Boliden is obliged to present, pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 12 February 2015 at 07:45 (CET).