Selective laser melting (SLM) is an additive manufacturing technology widely applied for direct fabrication of functional parts from metal powders. In this paper, the feasibility of the fabrication of three-dimensional cermet objects by SLM using 5-35 mu m boron carbide particles surrounded by similar to 2 mu m cobalt-based layers was explored. Microstructure, composition, porosity, compressive strength and microhardness of the fabricated object were investigated. A highly porous (37%) homogeneous structure containing grains of boron carbides with 2900-3200 HV hardness embedded in the cobalt-based matrix was obtained. It was also found that new phases were formed during SLM as a result of the interaction of B4C with the cobalt-based matrix.