Interim Report, January-September 2006

Strong global metal market improves Boliden’s result

Q3 2006

• Revenues rose by SEK 4,375 million to SEK 9,299 million (SEK 4,924 m).
• The operating profit improved by SEK 1,409 million to SEK 2,095 million (SEK 686 m).
• The profit for the period increased by SEK 1,106 million to SEK 1,541 million
(SEK 435 m).
• Earnings per share strengthened by SEK 3.82 to SEK 5.32 (SEK 1.50).

The first nine months of 2006
• Revenues rose by SEK 11,416 million to SEK 25,485 million (SEK 14,069 m).
• The operating profit improved by SEK 4,862 million to SEK 6,297 million (SEK 1,435 m).
• The profit for the period increased by SEK 3,661 million to SEK 4,518 million
(SEK 857 m).
• Earnings per share strengthened by SEK 12.65 to SEK 15.61 (SEK 2.96).

Important matters
• Boliden’s Board of Directors approved an investment of SEK 5.2 billion to double ore production from 18 to 36 million tonnes at the Aitik copper mine.