Bulletin from Boliden AB's Annual General Meeting held on 3 May 2007

Bulletin from Boliden AB's Annual General Meeting held on 3 May 2007

Dividend and redemption procedure
The Meeting resolved, in accordance with the proposal of the Board of Directors
and the CEO, to pay a dividend to shareholders of SEK 4 per share and that
Tuesday, 8 May 2006 shall be the record date for dividend entitlement. The
dividend is expected to be distributed on 11 May, 2007 through VPC AB. 

The Meeting also decided to approve a redemption procedure for shares whereby
every share will be split into two shares, of which one share will be redeemed
for SEK 12. The record day at VPC for implementation of the share split and for
entitlement, in the capacity of shareholder, to receive redemption shares, shall
be 25 May 2007. The date for payment of the redemption amount is estimated to be
 20th  June 2007.
Acquisition of the company's own shares
The Meeting resolved to authorise the Board to approve the acquisition of the
company's own shares in order to provide the Board with a flexible tool enabling
ongoing adjustments to be made to the capital structure, at the time and to the
extent deemed appropriate in the light of the then current cash flows and
investment requirements.  

No more than one tenth of all shares in the company may be acquired and the
acquisition is limited to the non-restricted equity in Boliden AB and the
authorisation may be exercised on one or more occasions, but no later than the
2008 Annual General Meeting of the company. 
Board of Directors
The Annual General Meeting resolved to re-elect the ordinary members, Carl
Bennet, Marie Berglund, Jan Johansson, Ulla Litzén, Leif Rönnbäck, Matti
Sundberg, Anders Sundström and Anders Ullberg. 
Staffan Bohman was elected as a new Member of the Board. Anders Ullberg was
appointed Chairman of the Board.

Nomination Committee 
The Meeting resolved that Boliden should appoint a Nomination Committee composed
of representatives of the five largest shareholders, one representative of the
smaller shareholders (appointed by The Swedish Shareholders' Association) and
the Chairman of the Board, who shall also be the convenor.

Fees and remunerations
The Meeting resolved that the fees of the Group's Directors shall be payable in
the amounts of SEK 850,000 to the Chairman and SEK 325,000 to each Member of the
Board that is not employed by the company. Furthermore, a fee of SEK 100,000
will be paid to the Chairman of the Audit Committee and with SEK 50,000 to each
of the Audit Committee's two members. 

Remuneration to Members shall comprise a basic salary, any variable
remuneration, as well as other benefits and pension. The aggregate remuneration
shall be at market rates and shall be competitive. The basic salary shall be
related to the level of responsibility borne and authority exercised by the
individual Member. The variable remuneration is maximised at 50 per cent of the
basic salary and shall be based on the outcome in relation to established goals.



Gällivare, 3 May, 2007

Boliden AB

For further information, please contact:
Staffan Bennerdt, CFO, Boliden AB, tel +46 8 610 1520, +46 70 513 61 14
Marcela Sylvander, Communications Manager, Boliden AB, tel +46 8 610 1559, +46
733 244 551

Boliden is one of the leading mining and smelting companies in Europe with
operations in Sweden, Finland, Norway and Ireland. Boliden's main products are
copper, zinc, lead and gold and silver. Exploration and recycling of metals are
also important within the company. The number of employees is approximately 4
500 and the turnover amounts to approximately EUR 3.8 billion annually. Its
shares are listed on Stockholmsbörsen's Large Cap list and on the Toronto Stock
Exchange in Canada.

www.boliden.com