During the official visit of the President of the Russian Federation, Russia and China signed a joint statement on the overall expansion of Sino-Russian relations and strategic partnership as well as a number of memorandums on cooperation in oil and energy fields. In addition, agreements have been signed between business representatives of the two countries.

In particular, RUSAL has signed a Letter of Intent to acquire a stake in a sales and marketing subsidiary of China North Industries Corporation (NORINCO) which sells primary aluminium to the Chinese market. The document also provides for NORINCO’s investment in the development of capacities for high-tech production on RUSAL’s Siberian smelters. The expanding cooperation with NORINCO will help to bolster Russian production of high value added products, to substantially increase exports of Russian aluminium products to China and other Asian countries.

About RUSAL

UC RUSAL (www.rusal.com) is the world’s largest producer of aluminium, in 2009 accounting for approximately 10% and 10% of global production of aluminium and alumina, respectively. UC RUSAL employs about 76,000 people in 19 countries, across 5 continents. UC RUSAL markets and sells its products primarily in the European, Japanese, Korean, Chinese, South East Asian and North American markets. UC RUSAL’s ordinary shares are listed on The Stock Exchange of Hong Kong Limited (Stock code: 486) and global depositary shares representing UC RUSAL’s ordinary shares are listed on the professional compartment of Euronext Paris (RUSAL for Reg S GDSs and RUAL for Rule 144A GDSs).

Disclaimer

The information contained in this press release is for media advice only. The contents are true and accurate at the time of publishing, however, may change over time.