Due to decline in demand Boliden is reducing the Groups production of zinc metal at its Finnish and Norwegian smelters. The effect is a reduction by 60 000 tonnes of zinc metal on an annual basis and a temporary lay off of some 50 co-workers. The measures will be effective immediately.

In 2007 the Boliden Group produced some 460 000 tonnes of zinc.

For further information, please contact:

Svante Nilsson, President Business Area Smelters, ph: +46 (0)8 610 1527
Marcela Sylvander, Manager Group Communications, Boliden AB, ph: +46 (0)8 610 15 59,
+46 (0)733 244 551
Stefan Lundewall, IR, Boliden AB, ph: +46 8 610 1520, +46 70 208 3213