Bulletin from Boliden AB’s Annual General Meeting held on 4 May, 2006

Dividend The Meeting resolved, in accordance with the proposal of the Board of Directors and the CEO, to pay a dividend to shareholders of SEK 2 per share and that 9 May, 2006 will be the record date for dividend entitlement. The dividend is expected to be distributed on 12 May, 2006 through VPC AB. Board of Directors The Annual General Meeting resolved to re-elect the ordinary members, Carl Bennet, Marie Berglund, Jan Johansson, Ulla Litzén, Leif Rönnbäck, Matti Sundberg, Anders Sundström and Anders Ullberg. Anders Ullberg was appointed Chairman of the Board. Nomination Committee The Meeting resolved that Boliden should appoint a Nomination Committee composed of representatives of the five largest shareholders, one representative of the smaller shareholders and the Chairman of the Board, who shall also be the convenor. Fees and remunerations The Meeting resolved that fees to the Board of Directors shall total SEK 2 550 000 and be distributed with SEK 750 000 to the Chairman and SEK 300 000 to each Member of the Board that is not employed by the company. Furthermore, a fee of SEK 100 000 will be paid to the Chairman of the Audit Committee with SEK 50 000 to each of the Audit Committee’s two Members. Fees to the auditors shall be paid according to approved invoicing. Remuneration to Members who are also senior executives shall comprise a basic salary, any variable remuneration, as well as other benefits and pension. The variable remuneration is maximised at 50 % of the basic salary and shall be based on the outcome in relation to established goals. The variable remuneration shall not be included in the basis for calculation of pension. Articles of Association The Meeting resolved that the Articles of Association be amended with a view to meeting the requirements of the new Swedish Companies Act (2005:551), which came into force on 1 January, 2006, and of the Swedish Code of Corporate Governance. Taking up of loans The Meeting authorised the Board of Directors to adopt resolutions regarding the taking up of loans in cases where the interest is entirely or partially dependent on the dividend to the shareholders, the performance of the Company’s shares, the Company’s results or the Company’s financial position. The authorisation may be utilised on one or more occasions, but only until the time of the 2007 Annual General Meeting. Skellefteå, 4 May, 2006 BOLIDEN AB