Svante Nilsson appointed acting CEO in Boliden AB

Svante Nilsson appointed acting CEO in Boliden AB

The Board of Directors of Boliden has appointed Svante Nilsson acting CEO in
Boliden AB, with immediate effect. Svante Nilsson, currently President Business
Area Smelters, is 51 years old and joined Boliden in 2003 as President Business
Area Mines. He has been a member of the Group Management since 2003. Svante
Nilsson has previously held positions in companies such as ABB and Atlas Copco.

Harri Natunen, currently President of the zinc smelter Kokkola in Finland, has
been appointed acting President Business Area Smelters.

Tom Niemi, deputy CEO, has decided to leave his duties in the company to move
back to Finland at the end of the year, at which time his employment contract
will be completed. Tom Niemi joined the company in 2004 in connection with the
business transaction with Outokumpu.


For further information please contact:

Anders Ullberg, Chairman of the Board, phone +46 70-632 63 71,
Svante Nilsson, acting CEO, phone +46 8 610 1527, +46 70-583 3278 
Eva Kaijser, Senior Vice President Information and Investor Relations, phone +46
8 610 1560, + 46 709-320 901

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