Coordinated Divesture of Lock-Up Shares in Boliden


STOCKHOLM, Sweden, Aug. 14, 2002 (PRIMEZONE) -- In connection with the refinancing of Boliden AB ("Boliden"), listed on the Stockholm Exchange, the bank consortium ("the Consortium") with The Bank of Nova Scotia as Agent converted some of their loans into ordinary shares in Boliden. The Consortium entered into a lock-up agreement ending August 30, 2002 for these shares.

The Consortium has decided to coordinate the divesture of their shares after the lock-up period has expired and has engaged D. Carnegie AB as its financial advisor.

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www.waymaker.net/bitonline/2002/08/14/20020814BIT00720/wkr0001.doc
www.waymaker.net/bitonline/2002/08/14/20020814BIT00720/wkr0002.pdf