Interim Report January–March 2010

Operating profit improves Aitik in production

Q1 2010 • Revenues totalled SEK 8,316 million (SEK 5,879 m). • The operating profit totalled SEK 1,230 million (SEK 788 m). Excluding the revaluation of process inventory, it totalled SEK 1,043 million (SEK 269 m). • The free cash flow totalled SEK -52 million (SEK -1,811 m). • Earnings per share totalled SEK 3.21 (SEK 2.06). • Production has started at Aitik. • Decision to invest SEK 1.3 billion in increasing electronic scrap recycling capacity at Rönnskär. 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, Investor Relations Tel: +46 8 610 15 23 Please find enclosed the full Report.