New Members of Boliden's Executive Management Group


STOCKHOLM, Sweden, May 6, 2003 (PRIMEZONE) -- Boliden AB (TSE:BLS) (Other OTC:BDNNF):

Management Group

Chief Financial Officer: Jan Ohman has been appointed Chief Financial Officer of Boliden AB effective May 1, 2003.

Jan Ohman, 42 years old, is presently Group Controller at Boliden's head office in Stockholm, and was previously Controller of Boliden Limited in Toronto. Before moving to Toronto Jan Ohman was Financial Manager at the Aitik mine.

Vice President Mining Operations

Svante Nilsson has been appointed Vice President Mining Operations effective August 2003.

Svante Nilsson, 47 years old, comes to Boliden after having held the position of Vice President Production at Atlas Copco Secoroc. Previously, he held different positions within the ABB Group. Svante Nilsson will be replacing Bo-Johan Nilsson as Vice President Mining Operations in August, at which time Bo-Johan Nilsson will have reached pension age. Bo-Johan Nilsson will, however, continue to work with specific assignments within Boliden after the above-mentioned date.


For further information please contact: 
Jan Johansson, President and CEO
telephone +46 8 610 16 02
+46 70 555 02 02 

Ulf Soderstrom, Vice President Public Relations
telephone +46 8 610 15 57
+46 70 618 95 95

Boliden is an international mining and metal-producing company that mines, processes and markets copper, zinc, lead, gold and silver. Boliden owns seven mines and two smelting plants in Sweden and one mine in Canada. The range of activities also includes sales of technology. Copper and brass products are manufactured at plants in Europe. The number of employees is approximately 3 900 and the turnover amounts to approximately 10 billion SEK annually. The Boliden share is quoted on the Stockholm Stock Exchange in Sweden as well as on the Toronto Stock Exchange in Canada. www.boliden.com

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