OREANDA-NEWS. December 10, 2008.
1. General Information

1.1. Full corporate name of emitter Public Joint – Stock Company “VSMPO – AVISMA Corporation”

1.2. Short corporate name of emitter PSC “VSMPO – AVISMA Corporation”

1.3. Location of emitter 1, Parkovaya Street, Verkhnaya Salda, Sverdlovsk Region, Russia

1.4. PSRN of emitter 1026600784011

1.5. VAT number of emitter 6607000556

1.6. Unique emitter code assigned by Registration Agency 30202-D

1.7. Internet page address used by emitter for information disclosure www.vsmpo.ru

2. Content of Report
Changing of PSC “VSMPO – AVISMA Corporation” participating interest in equity capital of other commercial organization of not less than 5 percents or common stock ratio of other joint-stock company of not less than 5 percents.

Full corporate name and location of commercial organization participating interest in equity capital of which is changed:

Limited Liability Company “VSMPO – Fire Protection”.
4, Parkovaya Street, Verkhnaya Salda, Sverdlovsk Region, 624760.

Participating interest of PSC “VSMPO – AVISMA Corporation” in equity capital of the specified organization before changing – 0%.

Participating interest of PSC “VSMPO – AVISMA Corporation” in equity capital of the specified organization after changing – 100%.

Date from which participating interest of PSC “VSMPO – AVISMA Corporation” in equity capital of the specified organization is changed – 01.12.2008.

3. Signature
3.1. Director, Legal Communication А.V. Kislichenko
(under Power of Attorney dd. 17.11.2008 No.14/382)

3.2. Date “ 04 ” December 20 08 М.П.