Lennart Evrell appointed CEO of Boliden AB

Lennart Evrell appointed CEO of Boliden AB

The Board of Directors of Boliden AB has appointed Lennart Evrell as the new
President and CEO of Boliden AB effective 1st January 2008.

“Lennart has broad industrial experience from his positions as President and CEO
of Sapa and Munters. The Board of Directors regards him as the right person to
fully take advantage of Boliden's possibilities and continue to strengthen the
company's competitiveness”, says Anders Ullberg, Chairman of the Board in
Boliden AB.

“Boliden is a fascinating company and a strong brand in a dynamic business. I am
happy to be entrusted with this position and I will continue to develop the
operations. Boliden's well-known competence within the metal chain -
exploration, mines, smelters and recycling - gives us the best conditions”, says
Lennart.

Lennart Evrell is 53 years old. He holds a M Sc degree in Civil Engineering and
Economics and comes to Boliden from the aluminum company Sapa. He has previously
also worked for ASEA, Atlas Copco and Sphinx Gustavsberg and Munters. 

Svante Nilsson will continue as Acting CEO for Boliden until 1st January 2008.

For further information, please contact:

Anders Ullberg, Chairman of the Board, Boliden AB, via Eva Kaijser, SVP IR and
Group Communications, Boliden AB, telephone +46 8 610 1560, +46 709-320 901

Lennart Evrell, telephone +46 70-588 15 15

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