Communiqué from Boliden AB's Annual General Meeting, held on 8th May 2008

Communiqué from Boliden AB's Annual General Meeting, held on 8th May 2008

Dividend
The Meeting approved payment to the shareholders of a dividend of SEK 4 per
share and resolved that Tuesday, 13th May shall be the record day for dividends.
The dividend is scheduled for disbursal by VPC on 16th May 2008. 
Withdrawal of the company's own shares
The 2007 Annual General Meeting mandated the Board of Directors to buy a maximum
of 10 per cent of the company's shares, with the aim of adjusting the Group's
capital structure. The Board's stated objective was to “cancel” the repurchased
shares, following a decision at the next general meeting. During the period from
16th May to 9th November 2007, Boliden bought back 15,946,000 shares,
corresponding to 5.509 per cent of the total number of shares and votes. 

The Annual General Meeting resolved to reduce the share capital by some SEK 32
million by means of the withdrawal of repurchased shares and to increase the
share capital by a corresponding amount by means of a bonus issue, without
issuing any new shares. Boliden will subsequently have a total of 273,511,169
shares.

Nomination Committee
The Meeting elected the following persons to comprise the new Nomination
Committee: Anders Algotsson (AFA Försäkring), Åsa Nisell (Swedbank Robur
Fonder), Michael Gobitschek (Skagen Fonder), Lars-Erik Forsgårdh and Anders
Ullberg (Chairman of the Board).  

The Board of Directors
The Meeting resolved to re-elect the following Ordinary Members: Carl Bennet,
Marie Berglund, Staffan Bohman, Ulla Litzén, Leif Rönnbäck, Matti Sundberg,
Anders Sundström and Anders Ullberg. Anders Ullberg was re-elected Chairman of
the Board. Boliden's President & CEO, Lennart Evrell, was elected as a new
Member of the Board. 

Fees 
The Meeting resolved that the Directors' fees would remain unchanged at SEK
850,000 for the Chairman and SEK 325,000 for the other Members, while the fee
payable to the Chairman of the Audit Committee would be increased to SEK 150,000
and that payable to Members of the Audit Committee would be increased to SEK
75,000. 



For further information, please contact:
Marcela Sylvander, Communications Manager, Boliden AB, tel +46 8 610 1559, +46
733 244 551

Boliden is a leading European metals company whose core competence is in the
fields of exploration, mining, smelting and recycling. Boliden's main metals are
zinc and copper. Other important metals extracted and refined include lead, gold
and silver. The operations are conducted in three Business Areas: Market,
Smelters and Mines, with facilities in Sweden, Finland, Norway and Ireland. The
number of employees is approximately 4 500 and the turnover amounts to
approximately EUR 3.6 billion annually. Its shares are listed on
Stockholmsbörsen's Large Cap list and on the Toronto Stock Exchange in Canada.

www.boliden.com