FULL YEAR REPORT 2002 18th February 2003

FULL YEAR REPORT 2002 18th February 2003 * Boliden reports a profit after financial items of SEK 111 million (SEK -3,756 m) for the full year, 2002. * The profit after financial items for the fourth quarter of 2002 totalled SEK 78 million (SEK -320 m). * Cash flow for the fourth quarter 2002 improved significantly to SEK 466 million. Cash flow for full year totalled SEK -14 million (SEK 391m). * The Business Area Mining Operations reports a continued improvement in profits for the fourth quarter in comparison with the first two quarters of 2002. Contact persons for further information: Jan Johansson, President and CEO Tel +46 8 610 16 02 Mobile+46 70 555 02 02 Ulf Söderström, VP Public Relations Tel +46 8 610 15 57 Mobile+46 70 618 95 95 Boliden's homepage: www.boliden.ca ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/18/20030218BIT00160/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/02/18/20030218BIT00160/wkr0002.pdf The full report