Chief Financial Officer

Jan Öhman has been appointed Chief Financial Officer of Boliden AB effective May 1, 2003.

Jan Öhman, 42 years old, was Group Controller at Boliden's head office in Stockholm, and was previously Controller of Boliden Limited in Toronto. Before moving to Toronto Jan Öhman was Financial Manager at the Aitik mine.

Vice President Mining Operations

Svante Nilsson has been appointed Vice President Mining Operations effective August 2003.

Svante Nilsson, 47 years old, comes to Boliden after having held the position of Vice President Production at Atlas Copco Secoroc. Previously, he held different positions within the ABB Group. Svante Nilsson will be replacing Bo-Johan Nilsson as Vice President Mining Operations in August, at which time Bo-Johan Nilsson will have reached pension age. Bo-Johan Nilsson will, however, continue to work with specific assignments within Boliden after the above-mentioned date.

For further information please contact:
Jan Johansson, President and CEO, telephone +46 8 610 16 02, +46 70 555 02 02
Ulf Söderström, Vice President Public Relations, telephone +46 8 610 15 57, +46 70 618 95 95