Conversion of preference shares in Boliden

Conversion of preference shares in Boliden

In accordance with a decision made at the Special General Meeting of
shareholders in Boliden Ltd on November 29, 2001, Trelleborg's holding
of 3,821,620 preference shares in Boliden Ltd has been converted to
common shares in Boliden AB.

As a result, Trelleborg now owns 7,213,307 shares in Boliden AB,
corresponding to 8.4 percent of the total number of shares and votes.

For further information please call Trelleborg's Corporate Communication
Department +46 410 670 00.

Trelleborg is a global industrial group. Operations are based on
spearhead competence within polymer materials and a high level of
industrial know-how, combined with functional solutions and systems
designed to meet the needs of our customers. The Trelleborg Group has
annual sales of SEK 19 billion (pro forma 2000, including the most
recent acquisitions), with approximately 16,500 employees in 40
countries. Trelleborg consists of four business areas: Trelleborg
Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems and
Trelleborg Building Systems. The Trelleborg share has been quoted on the
A list of the Stockholm Exchange since 1964. www.trelleborg.com
                                                                        


------------------------------------------------------------
This information was brought to you by Waymaker  http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2001/12/07/20011207BIT00720/bit0001.doc 
http://www.waymaker.net/bitonline/2001/12/07/20011207BIT00720/bit0001.pdf