Interim Report, January – September 2009

High metal grades and increased smelter production

Q3 2009 • Revenues totalled SEK 6,960 million (SEK 7,513 m) • The operating profit totalled SEK 949 million (SEK -142 m) • The operating profit, excluding revaluation of process inventory, increased to SEK 734 million (SEK 125 m). The profit improvement includes SEK 142 million generated by temporarily higher grades • The zinc smelters were operating at full production capacity by the end of the quarter • The free cash flow totalled SEK 610 million (SEK -117 m) • Earnings per share totalled SEK 2.50 (SEK -0.49) Contact persons for information: Lennart Evrell, President & CEO Tel: (exchange): +46 8 610 15 00 Johan Fant, CFO Tel: (exchange): +46 8 610 15 00 Frans Benson, Head of Investor Relations Tel: +46 8 610 15 23 See attached the complete Interim Report