SOURCE: UC RUSAL

UC RUSAL

February 24, 2016 02:52 ET

UC RUSAL Opens Representative Office in South Korea

HONG KONG, CHINA--(Marketwired - Feb 24, 2016) - UC RUSAL (HKSE: 486) (EURONEXT PARIS: RUSAL) (EURONEXT PARIS: RUAL) (MCX: RUAL) (MCX: RUALR), a leading global aluminium producer, is pleased to announce the formation of a new representative office in Seoul, South Korea.

The office will be led by Dong Chan Huh, who has joined RUSAL from Asia Pacific Aluminium Company. Dong Chan Huh brings more than 30 years of experience in the Korean aluminium industry in various commercial roles.

Today RUSAL's sales account for approximately 15% of all aluminium imported to South Korea with the potential for significant growth based on the company's current investments in casting alloy and billet capacity. Steve Hodgson, RUSAL's Director for Sales and Marketing, commented: 'South Korea has always been an important and natural market for RUSAL and we are logistically ideally situated to service this region via our eastern Russian ports.'

RUSAL will continue to work closely with its existing counterparts in South Korea to further develop the customer base and enhance the service through the supply chain.

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About UC RUSAL
UC RUSAL (www.rusal.com) is a leading, global producer of aluminium, in 2014 accounting for approximately 7% of global production of aluminium and 7% of alumina. UC RUSAL employs over 61,000 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 (HKSE: 486), 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). UC RUSAL's ordinary shares and Russian depositary receipts that are issued on common shares of the Company are listed on Moscow Exchange (RUAL/RUALR).

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