New organisational segments - Mines and Smelters


New organisational segments - Mines and Smelters

Boliden will be presenting its results in two new segments, Mines and Smelters,
due to the organisational change implemented by the Group on 1st January 2007. 

Mines
The segment Mines comprises the operations of the Aitik, Boliden Area,
Garpenberg and Tara mines. Aitik mainly produces copper concentrate with some
gold and silver content. The other mines produce zinc, copper and lead
concentrate. The copper and lead concentrate also contains gold and silver. 

Smelters
The segment Smelters comprises the Rönnskär and Harjavalta copper smelters and
the Bergsöe lead smelter. The smelters mainly produce copper, gold, silver, lead
and lead alloys. The segment also includes the Kokkola and Odda zinc smelters,
which mainly produce zinc. Odda also produces aluminium fluoride.

Other
The segment Other comprises the elimination of intra-Group sales and the Group
staff functions and Group-wide functions that do not form part of Mines or
Smelters. Transactions between the segments, mainly involving metal
concentrates, are settled on market terms.  

The market valuation of financial derivative instruments used to manage currency
and metal price risks is reported under Other until such time as the underlying
flows are reflected in the Income Statement. Appendix 1 contains a breakdown by
quarter of Boliden's metal price hedging in 2007.

Appendix 2 presents the segment breakdown by quarter and by the full years, 2005
and 2006. 

For further information, please contact:

Jan Johansson, President and CEO, Boliden AB, tel: +46 8 610 1602, +46 70 555 02
02
Staffan Bennerdt, CFO, Boliden AB, tel: +46 8 610 1520, +46 70 513 61 14       	



Boliden is one of the leading mining and smelting companies in Europe with
operations in Sweden, Finland, Norway and Ireland. Boliden's main products are
copper, zinc, lead, gold and silver. Exploration and recycling of metals are
also important within the Company, which employs around 4,500 people with an
annual turnover of approximately EUR 3.8 billion. The Company's shares are
listed on Stockholmsbörsen's Large Cap list and on the Toronto Stock Exchange in
Canada.
www.boliden.com

Attachments

070329 Segmentindelning ENG.pdf 03292086.pdf