Full-year Report 2006

Strong global metals market provided record profit for Boliden

Q4 2006
• Revenues rose to SEK 9,728 million (SEK 6,372 m).
• The operating profit improved to SEK 2,225 million (SEK 1,634 m).
• The profit for the period increased to SEK 1,750 million (SEK 1,189 m).
• Earnings per share strengthened to SEK 6.04 (SEK 4.11).


Full year 2006
• Revenues rose to SEK 35,213 million (SEK 20,441 m).
• The operating profit improved to SEK 8,522 million (SEK 3,069 m).
• The profit for the period increased to SEK 6,268 million (SEK 2,046 m).
• Earnings per share strengthened to SEK 21.66 (SEK 7.07).


Important events
• The Board of Directors proposes to the Annual General Meeting an ordinary dividend of SEK 4 (2) per share and a share redemption corresponding to SEK 12 per share. It is proposed that, in all, SEK 4.6 billion be returned to shareholders.
• The Board of Directors is requesting a mandate for a buy-back program of the Company’s own shares, up to a maximum of 10 per cent of the outstanding shares.
• Decision to invest SEK 5.2 billion to double ore production from 18 to 36 million tonnes at the Aitik copper mine.
• Decision to double the investments in exploration for 2007 to SEK 300 million.
• Extension of metal price hedging for copper, lead, silver and gold until 2009.





Contact persons for information:

Jan Johansson, President and CEO Tel.: +46 8 610 16 02
jan.c.johansson@boliden.com Mobile: +46 70 555 02 02
Staffan Bennerdt, CFO Tel.: +46 8 610 15 20
Staffan.bennerdt@boliden.com Mobile: +46 70 513 61 14

See attached the complete Full-year Report
www.boliden.com