OREANDA-NEWS. October 28, 2010. UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world’s largest aluminium producer and owner of a 25% stake in MMC Norilsk Nickel (“Norilsk Nickel”), announces that following the publication of Norilsk Nickel’s 2010 interim IFRS consolidated financial results on 7 October 2010, the Company has reassessed its share in profits of associates. As a result RUSAL’s net profit increased by USD97 million.

Amendments were made to RUSAL’s results, including:

- RUSAL’s net profit was USD 1,365 million in the first half of 2010 (rather than USD 1,268 million as set out in the Interim Report)

- Net profit margin of 25.7% (rather than 23.8% as set out in the Interim Report)

- Profit before tax totalled USD 1,551 million (rather than USD 1,454 million as set out in the Interim Report)

- Share of profits of associates totalled USD 555 million (rather than USD458 million as set out in the Interim Report).