The Controlling and Finance functions within the Boliden Group will be integrated

Jan Öhman, Senior Vice President Group Controlling and Accounting, has been appointed General Manager, Aitik Area, effective January 1, 2005. He will be a member of the management group of the Business Area Mining Operations.

The Boliden Group's controlling and finance functions will be integrated under
Staffan Bennerdt, Senior Vice President Group Finance.

Staffan Bennerdt will hereby also be responsible for group controlling and group accounting as from January 1, 2005, taking over Jan Öhman's responsibilities as Senior Vice President Group Controlling and Accounting. Staffan Bennerdt is already responsible for financial matters, loan agreements and Treasury.

-30-

For more information please contact:

Jan Johansson, President and CEO, Boliden AB, tel. +46 8 610 1602, +46 70 555 02 02
Ulf Söderström, Senior Vice President, Group Communications, Boliden AB,
tel. +46 8 610 15 57, +46 70 618 95 95.

 Boliden is one of the world's leading mining and smelting companies with operating facilities in Sweden, Finland, Norway and Ireland. Boliden mainly produces copper, zinc and lead, as well as gold and silver. Other important operations include mineral exploration and metal recycling. The company has around 4,500 employees and net sales of almost SEK 15 billion. Its shares are listed on Stockholmsbörsen's O-list and on the Toronto Stock Exchange in Canada.
 					                       www.boliden.com