Henrik Ostberg Appointed SVP Human Resources and Sustainability for Boliden

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News:

Henrik Ostberg, has been appointed Senior Vice President Human
Resources and Sustainability for Boliden, effective August 4. Through
this newly-created function Boliden (STO:BOL) (TSX:BOL) is taking a
firmer grip on the work with HR, environmental and social matters.

Henrik Ostberg's most recent position was at Sapa where he was
Group Vice President Corporate Strategy & Human Resources. Henrik has
previously worked at Booz Allen Hamilton and McKinsey & Co where he
was responsible for change management and organisational design.

In his new position Henrik will be focusing on strategical matters
concerning HR, organisational and other internal processes. Henrik
will be a member of Boliden's Management Group and report to Lennart
Evrell, President and CEO.

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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. Operations are
conducted in three Business Areas: Market, Smelters and Mines. The
number of employees is approximately 4 500 and the turnover amounts to
approximately EUR 3.6 billion annually. Boliden's shares are listed on
Stockholmsborsen's Large Cap list and on the Toronto Stock Exchange in
Canada.

www.boliden.com

Lennart Evrell,
President and CEO, Boliden AB,
telephone: + 46 8-610 15 00
or
Henrik Ostberg,
SVP HR and Sustainability Affairs, Boliden AB,
telephone: +46 708-491 931
or
Marcela Sylvander,
Information Manager,
telephone: +46 8-610 1559, +46 733-244 551

Copyright Business Wire 2008