Boliden streamlines its marketing organisation

Boliden streamlines its marketing organisation

Boliden is now reorganising both the work structure and the geographical
location of its marketing organisation as part of the Group's efforts to become
Europe's leading supplier of zinc and copper.

As of 1st October 2007, commercial responsibility will be shared by the units:
Metals, Concentrates and Secondary Raw Materials. A Business
Innovation/Development unit and a unit providing Common Support functions will
also be formed. The new organisation's management will be based at the Head
Office in Stockholm, as will many of its staff.  

“Merging the former Zinc Market and Copper Market units into a single, unified
organisation will generate the preconditions for a new, unified way of working.
Customers will notice the change in the form of improved service and a stronger
product and services offering,” says 
Ulf Söderström, President of Business Area Market. 

The choice of Stockholm as the seat of the new organisation was made on the
basis of several criteria. The main reason was its strategic proximity to
existing markets in the Nordic region and Western Europe, and to future growth
markets in Central and Eastern Europe, as well as to Boliden's own mines and
smelters.

“And by locating large parts of the organisation in a single place, we can
improve our management and develop an organisation in which the focus is on the
sharing of knowledge, information exchange and personal development. And as a
result, we will build a new market organisation that is better equipped to meet
the increasing demands being made by our customers and suppliers,” concludes Ulf
Söderström.

For further information, please contact:

Ulf Söderström, President, Business Area Market, tel. +46 8 610 15 557, +46 70
618 9595
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