Boliden divests land area in Ireland

Boliden divests land area in Ireland Boliden has divested a land area adjacent to the Tara zinc mine in Ireland. The land area is of no relevance for the mining operations. The land sale amounts to approximately EUR 20.3 million and Boliden will realize a capital gain of approximately EUR 16.3 million after tax. The capital gain will be accounted for during the third quarter 2004. -30 - For further information, please contact: Jan Johansson, President and CEO, telephone +46 8 610 1602, + 46 70 555 02 02 Ulf Söderström, Senior VP Group Communications, telephone +46 8 610 15 57, +46 70 618 95 95 Boliden is one of the leading mining and smelting companies in the world with operations in Sweden, Finland, Norway and Ireland. Boliden's main products are copper, zinc, lead, gold and silver. Exploration and Recycling of Base Metals are also important within the company. The number of employees is approximately 4 500 and the turnover amounts to approximately EUR 2 billion annually. The Boliden share is quoted on the Stockholm Stock Exchange in Sweden as well as on the Toronto Stock Exchange in Canada. www.boliden.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/09/10/20040910BIT20770/wkr0001.pdf