Q3 2014 INTERIM REPORT

Q3 2014

  · Revenues totalled SEK 9,287 million (SEK 8,471 m)
  · The operating profit totalled SEK 858 million (SEK 681 m)
  · The operating profit, excluding the revaluation of process inventory,
totalled SEK 711 million (SEK 603 m)
  · Free cash flow totalled SEK 728 million (SEK 436 m)
  · Earnings per share totalled SEK 2.24 (SEK 1.81)

Improvements in prices and terms offset lower grades at Aitik

  · Improvements in zinc prices and a weaker SEK had a positive impact on the
profit.
  · Copper concentrate production levels fell due to low grades at Aitik.
  · Planned maintenance shutdowns in Business Area Smelters impacted the profit
with SEK -85 million (SEK -25 m).
  · The aggregate impact on the profit for the quarter of the tank breakdown at
Kokkola totalled SEK 50 million.
  · The acquisition of the Kylylahti copper mine and exploration rights in
Finland was completed on 1 October.

Please find enclosed the full report.

The Interim Report will be presented in Stockholm and via a webcast/conference
call on Wednesday, 22 October at 15:00 (CET). Information is available at
www.boliden.com.

Contact persons for information:
Lennart Evrell, President & CEO                  Tel: +46 8 610 15 00
Mikael Staffas, CFO                                   Tel: +46 8 610 15 00
Sophie Arnius, Director Investor Relations    Tel: +46 8 610 15 23
                                                                      +46 70 590
8072

The information provided comprises information that Boliden is obliged to
present, pursuant to the Swedish Securities Market Act and/or the Swedish
Financial Instruments Trading Act. The information was released for publication
on 22 October 2014 at 12.00 (CET).