Nordic Aluminium - Company Announcement

Nordic Aluminium resolved to apply for de-listing of its shares

Not to be published in Australia, South-Africa, Japan, Canada and the United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

Attachments:

NOAE2512.pdf