Communiqué from Boliden AB’s Annual General Meeting held on 3rd May 2012

Dividend and record day
The Meeting approved a dividend of SEK 4 per share and
Tuesday, 8th May 2012 as the record day for the dividend payment. Payment of the
dividend is expected to occur on Friday, 11th May 2012 through Euroclear Sweden
AB.

Board of Directors
The Meeting approved the re-election of the following
Members of the Board: Marie Berglund, Staffan Bohman, Lennart Evrell, Ulla
Litzén, Michael G:son Löw, Leif Rönnbäck, Matti Sundberg, and Anders
Ullberg.

Fees
The Meeting resolved that Directors’ fees shall be payable in
the amounts of SEK 1,035,000 to the Chairman of the Board and SEK 415,000 to
Board members who are not employees of the company. The Meeting further resolved
that unchanged fees of SEK 150,000 and SEK 75,000 shall be payable to the
Chairman of the Audit Committee and to each of the members of the Audit
Committee, respectively, as well as an unchanged fee of SEK 50,000 to each of
the members of the Compensation Committee.

Nomination Committee
The
following persons were elected by the Meeting to form the Nomination
Committee:
Jan Andersson (Swedbank Robur fonder), Lars-Erik Forsgårdh, Frank
Larsson (Handelsbanken fonder) Anders Oscarsson (AMF) and Anders Ullberg
(Chairman of the Board).

For further information, please contact:

Marcela
Sylvander, Director Group Communications, Boliden AB,
telephone: +46 8 610
1559, +46 733 244 551