Press-releases

Moscow, 4 December 2012 — UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, and Interros company, MMC Norilsk Nickel's largest shareholder, have reached an in principle  agreement aimed to settle the shareholders’ conflict and envisaging conclusion of an agreement between Interros, UC RUSAL and Millhouse. The agreement is aimed at integrating the efforts of all parties to maximize profitability and shareholders' value, as well as delivering improvements to the existing corporate governance structures.
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<p>Hong Kong, 2 November 2012 – UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, and the Hong Kong University of Science and Technology (HKUST) hosted the UC RUSAL President's Forum today (2 November 2012), during which Mr. Barry Cheung, Chairman of the Hong Kong Mercantile Exchange and Independent Non-Executive Director of UC RUSAL, spoke on “8.5 Billion Global Consumers by 2030: Opportunity or Looming Disaster?” to an enthusiastic audience.</p>

<p>Moscow, 30 October 2012 – UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces that the Company has reached an agreement with its lenders on the extension, until the end of 2013, of the period during which financial covenants under the USD4.75 billion syndicated facility arranged by international and Russian lenders are not to be tested.</p>

<p>Moscow, 18 October 2012 — UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces that the Third Court of Appeal has rejected MMC Norilsk Nickel’s appeal and upheld the decision of the Arbitration Court of Krasnoyarsk Region, dated 4 June 2012, which upheld UC RUSAL Investment Management LLC's claim (the owner of 25% plus 1 share of MMC) requesting Norilsk Nickel to provide certain information and documents regarding Norilsk Nickel’s operations.</p>

UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces the first test launch of Boguchanskaya hydropower plant, a part of BEMO — joint project of UC RUSAL and RusHydro that includes the construction of a hydropower plant and an aluminium smelter. The hydroelectric plant has generated its first electricity, after two 333 MW units were put into test operation during an launch ceremony held by the Russian president, Vladimir Putin, in Moscow via videoconference.

<p>Moscow, 12 October 2012 – UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces the signing of a co-operation agreement with the Ministry of Economic Development of the Russian Federation on realization of RUSAL’s joint projects with Chinese partners.</p>

<p>Moscow, 11 October 2012 – UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces the commencement of the pot shell installation at the Boguchansky (BEMO) aluminium smelter construction site. The Company expects to install all 168 pot shells needed to launch pot room #1 by the end of 2012.</p>

<p>Moscow, 9 October 2012 – UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUALR/RUALRS), the world’s largest aluminium producer, announces that the Krasnoyarsk Arbitration Court has answered a claim of UC RUSAL Investment Management LLC, the owner of 25% plus one share of OJSC MMC Norilsk Nickel (MMC) to declare invalid the decisions of the Board of Directors of MMC Norilsk Nickel dated 13 and 21 September 2011, which approved the buy back of approximately 7.7% shares of MMC by its foreign subsidiary Norilsk Nickel Investments Ltd.</p>