Increased ore production at Aitik

Q2 2011

• Revenues totalled SEK 9 896 million (SEK 8 908 m)
• The operating profit totalled SEK 1 134 million (SEK 1 123 m). Excluding the revaluation of process inventory, the operating profit was SEK 1 120 million (SEK 1 130 m)
• Free cash flow totalled SEK -790 million (SEK 201 m)
• Earnings per share totalled SEK 2,94 (SEK 2,76)

Contact persons for information:

Lennart Evrell, President & CEO
Tel: (exchange): +46 8 610 15 00

Mikael Staffas, CFO
Tel: (exchange): +46 8 610 15 00

Frans Benson, Director Investor Relations
Tel:+46 8 610 15 23      
 
Please find enclosed the full Report.