Aleris International Emerges From Chapter 11

Well-Capitalized Downstream Aluminum Company with a Significantly Enhanced Competitive Profile and New Financial Flexibility

BEACHWOOD, Ohio, June 1, 2010 - Aleris International, Inc. a global leader in aluminum rolled products,
extrusions and recycling, announced today that it has emerged from Chapter
11, having completed its financial and operational restructuring.

Steven J. Demetriou, Aleris Chairman and CEO, said, "We have used the
past 15 months to reduce costs and significantly improve our operations
worldwide, while delivering value to our customers. Today we are well
positioned to compete in the global marketplace, with significantly enhanced
financial flexibility and a strong production platform. We will continue to
build on this foundation for the benefit of all our stakeholders."

"I want to take this opportunity to reiterate the appreciation for all of
our hard-working employees around the world who have helped make our
restructuring a success and who will be an important part of our future. In
addition, I would like to thank our creditors, who demonstrated confidence in
Aleris by voting to accept our plan of reorganization and participating in
the rights offering conducted as part of the plan."

Aleris is a privately held company, majority owned by a committed
ownership group led by certain investment funds managed by Oaktree Capital
Management, L.P., affiliates of Apollo Management, L.P. and Sankaty Advisors,
LLC. In conjunction with its emergence from Chapter 11, Aleris today closed
on its rights offering in the amount of US$609 million, which is comprised of
US$45 million in 10 year unsecured Notes and up to US$564 million in new
equity. Additionally, Aleris has a new, fully committed, US$500 million asset
based revolving credit facility and over US$300 million in liquidity.

Aleris Deutschland Holding GmbH, a non-operating holding company with no
employees or operating assets which conducts no commercial business, has also
emerged from Chapter 11.

About Aleris

Aleris International, Inc. is a global leader in aluminum rolled products
and extrusions, aluminum recycling and specification alloy production.
Headquartered in Beachwood, Ohio, a suburb of Cleveland, the Company operates
over 40 production facilities in North America, Europe, South America and
Asia, and employs approximately 6,500 employees. For more information about
Aleris, please visit our Website at www.Aleris.com.

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U.S. Media - Kekst and Company, Ruth Pachman, +1-212-521-4891, or David Lilly, +1-212-521-4878; Europe Media - Hering Schuppener, Alex Seiler, +49-69-921874-54