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NORDIC ALUMINIUM RESOLVED TO APPLY FOR DE-LISTING OF ITS SHARES

07.12.2012
Not to be published in Australia, South-Africa, Japan, Canada and the United States.

Oy Lival Ab ("Lival") has submitted a statement of claims in the proceedings related to squeeze-out of
minority shares of Nordic Aluminium Oyj ("Nordic Aluminium") on 12 November 2012 pursuant to
Chapter 18 of the Companies Act.

According to Section 6 of Chapter 18 of the Companies Act, in the event the Arbitral Tribunal considers
that the squeeze-out right of Lival is evident, the minority shares under the squeeze-out proceedings
shall be promptly transferred to Lival subject to Lival's deposit of a security for the payment of the
redemption price approved by the Arbitral Tribunal.

The board of directors of Nordic Aluminium has resolved on 7 December 2012 to apply for cessation of
public trading with the shares in Nordic Aluminium and in conjunction thereto, de-listing of the shares in
Nordic Aluminium. Nordic Aluminium has submitted a de-listing application to the Listing Committee of
NASDAQ OMX Helsinki on 7 December 2012. Pursuant to the de-listing application, Nordic Aluminium
requests to cease the public trading with the shares in Nordic Aluminium and de-listing of the shares
without delay subject to the transfer of the minority shares to Lival in accordance with Section 6 of
Chapter 18 of the Companies Act.

In the event the Arbitral Tribunal resolves that the squeeze-out right of Lival is evident, the public trading
with the shares in Nordic Aluminium may be ceased already as a result of the resolution of the Arbitral
Tribunal prior to the Lival's deposit of the security approved by the Arbitral Tribunal to pay the redemption
price.

Kirkkonummi December 7, 2012

NORDIC ALUMINIUM PLC

Joakim Berndtsson
CEO
For further information please contact:
CEO Joakim Berndtsson, tel. +358 20 7660 206

Distribution:
OMX NASDAQ Helsinki
The Main Media
www.nordicaluminium.fi

NOAE2512


© 2004 Nordic Aluminium Oyj | Updated 19.01.2006 | Legal Notice