Nordic Aluminium - Company Announcement

Oy Lival Ab has requested for appointment of the arbitral tribunal for squeeze-out of Nordic Aluminium Plc minority shares

Not to be published in Australia, South-Africa, Japan, Canada and the United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


Nordic Aluminium Plc (”Nordic Aluminium”, ”Company”) has received a notice from
Oy Lival Ab (“Lival”) on 25 September 2012 stating that pursuant to Section 1
of Chapter 18 of the Finnish Companies Act, Lival's right of squeeze-out is
established in connection with the voluntary public takeover bid (“Takeover
Bid”). 



Pursuant to Section 1 of Chapter 18 of the Finnish Companies Act, Lival has a
right of squeeze-out the minority shares in Nordic Aluminium for the market
price in the situation where the ownership of Lival in respect of the Company's
shares exceed nine-tenths (9/10). The registration notice related to
squeeze-out and sell-out was made for the Finnish Trade Register on 26
September 2012. 



Lival has made a request for appointment of the arbitral tribunal on 26
September 2012 for the Redemption Board of the Finnish Chamber of Commerce in
respect of the squeeze out of the Company's minority shareholders' shares. In
the squeeze-out proceedings, Lival's offer for compensation is 30.00 euros per
share, which corresponds to the price offered in connection with the Takeover
Bid for the shares in Nordic Aluminium and which can be regarded as the market
price for the share in accordance with Section 7 of Chapter 18 of the Companies
Act. 





Kirkkonummi September 27, 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



NOAE1712

Attachments:

NOAE1712.pdf