Interim Report, January-June 2009

Higher prices and stable mined production in second quarter

Q2 2009 • Revenues totalled SEK 6,439 million (SEK 7,885 m) • The operating profit totalled SEK 654 million (SEK 406 m) • Revaluation of the smelters’ process stocks comprises SEK 177 million (SEK -125 m) of this sum • The operating profit excluding the revaluation of the process stocks totalled SEK 477 million (SEK 531 m) • Cash flow was stronger compared to the first quarter • Earnings per share totalled SEK 1.58 (SEK 0.95) 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