Q4 Interim and Year-end Report for 2015

Q4 2015

  · Revenues totalled SEK 9,699 m (9,614)
  · The operating profit totalled SEK 416 m (1,158)
  · The operating profit, excluding the revaluation of process inventory,
totalled SEK 596 m (1,134)
  · Free cash flow totalled SEK 36 m (366)
  · Earnings per share totalled SEK 1.05 (3.06)

Profits affected by falling metal prices

  · The earnings trend was primarily a consequence of falling metal prices.
  · Items affecting comparability, totalling SEK -45m, had an impact on the
profit.
  · The net debt/equity ratio was 23% (35).
  · Quarter on quarter increase in both Smelters’ copper feed and mined
production.
  · The Board of Directors proposes a dividend for 2015 of SEK 3.25 (2.25) per
share.

Please find enclosed the full report.

The Interim Report will be presented via a webcast/conference call on Thursday,
11 February at 09:30 (CET). Information is available at www.boliden.com.

Contact persons for information:
Lennart Evrell, President & CEO             Tel: +46 8 610 15 00
Mikael Staffas, CFO                         Tel: +46 8 610 15 00
Sophie Arnius, Director Investor Relations  Tel: +46 8 610 15 23
                                            +46 70 590 8072


The information provided comprises information that Boliden is obliged to
present, pursuant to the Swedish Securities Market Act and/or the Swedish
Financial Instruments Trading Act. The information was released for publication
on 11 February 2016 at 07:45 (CET).