Interim Report, January – September 2009

High metal grades and increased smelter production

Q3 2009 • Revenues totalled SEK 6,960 million (SEK 7,513 m) • The operating profit totalled SEK 949 million (SEK -142 m) • The operating profit, excluding revaluation of process inventory, increased to SEK 734 million (SEK 125 m). The profit improvement includes SEK 142 million generated by temporarily higher grades • The zinc smelters were operating at full production capacity by the end of the quarter • The free cash flow totalled SEK 610 million (SEK -117 m) • Earnings per share totalled SEK 2.50 (SEK -0.49) Contact persons for information: Lennart Evrell, President & CEO Tel: (exchange): +46 8 610 15 00 Johan Fant, CFO Tel: (exchange): +46 8 610 15 00 Frans Benson, Head of Investor Relations Tel: +46 8 610 15 23 See attached the complete Interim Report

About Us

Boliden is a metals company with a commitment to sustainable development. Our roots are Nordic, but our business is global. The company’s core competence is within the fields of exploration, mining, smelting and metals recycling. Boliden has approximately 5,500 employees and a turnover of SEK 40 billion. Its share is listed on NASDAQ OMX Stockholm, segment Large Cap. www.boliden.com

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