Board proposes redemption of Boliden shares

Boliden’s financial position has improved substantially over the year as a result of the healthy cash flow, and the Balance Sheet is now considerably stronger than required for the Group’s continued development. The Board will, therefore, propose that the Annual General Meeting approve the redemption of Boliden’s shares. The combination of this measure and the common dividend would entail a proposed transfer of just over SEK 4 billion to the shareholders, corresponding to approximately SEK 14 per share.

Further information will be provided in conjunction with the Preliminary Financial Statement issued on 8th February 2007.