Operating profit improves
Aitik in production

Q1 2010

· Revenues totalled SEK 8,316 million (SEK 5,879 m).
· The operating profit totalled SEK 1,230 million (SEK 788 m). Excluding the revaluation of process inventory, it totalled SEK 1,043 million (SEK 269 m).
· The free cash flow totalled SEK -52 million (SEK -1,811 m).
· Earnings per share totalled SEK 3.21 (SEK 2.06).
· Production has started at Aitik.
· Decision to invest SEK 1.3 billion in increasing electronic scrap recycling capacity at Rönnskär.

Contact persons for information:

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

 Johan Fant, CFO                                             
 Tel:  (exchange): +46 8 610 15 00

 Frans Benson, Investor Relations                    
 Tel: +46 8 610 15 23	

Please find enclosed the full Report.