Coordinated divesture of lock-up shares in Boliden

Coordinated divesture of lock-up shares in Boliden In connection with the refinancing of Boliden AB ("Boliden"), listed on the Stockholm Exchange, the bank consortium ("the Consortium") with The Bank of Nova Scotia as Agent converted some of their loans into ordinary shares in Boliden. The Consortium entered into a lock-up agreement ending 30th August, 2002 for these shares. The Consortium has decided to coordinate the divesture of their shares after the lock-up period has expired and has engaged D. Carnegie AB as its financial advisor. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/14/20020814BIT00720/wkr0001.doc http://www.waymaker.net/bitonline/2002/08/14/20020814BIT00720/wkr0002.pdf

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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 5,800 employees and a turnover of SEK 50 billion. Its share is listed on NASDAQ OMX Stockholm, segment Large Cap. www.boliden.com

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