Oleg Deripaska to Deliver Inaugural Lecture to Launch Presidential Forum at HKUST

MOSCOW, September 16, 2010 - UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world's
largest aluminium producer, is pleased to announce details of CEO Oleg
Deripaska's lecture - 'The Power of Focus: Turning Opportunity into Success'
- which is the inaugural speech of the UC RUSAL Presidential Forum at Hong
Kong University of Science and Technology (HKUST).

In his lecture, Oleg Deripaska, one of Russia's leading
businessmen, will talk about his principles, approaches and revolutionary
ideas that help propel to global leadership, increase competitiveness and
create solutions that can have a huge impact on the development prospects of
entire industries, regions and countries.

What does it take to create the world's largest aluminum
company out of a few isolated aluminium smelters that were on the verge of
bankruptcy in the early 90's? How does a Russian company operate successfully
on five continents, with its own technology, a powerful source of raw
materials and large-scale investment projects all around the globe? What is
the next step to maintain leadership positions and expand opportunities for
the application of aluminum? How to address global challenges such as the
increase in population (which is estimated at one billion every 11-13 years)
combined with the decreasing availability and the rising cost of resources,
the geographic irregularity of resource deposits and consumption centers and
environmental concerns? And, how do we preserve economic growth and provide a
better life quality by utilizing new energy sources and new approaches to
nuclear energy?

These are just the few of the issues to be addressed during
the lecture, which aims to foster the image of Russia and Russian business in
Asia, one of the world's most promising and fast developing regions. The
lecture also intends to improve understanding of Russian cultural, social and
economic life with younger generation of the region, which will serve to
further bolster the links between the two countries.

'The idea behind this lecture is to convince the student
audience of the importance of a pro-active approach to life, a belief in
one's self, about the boundless opportunities that need to be pinpointed,
accessed, and properly used to secure our goals' said Oleg Deripaska
commenting on the lecture. 'I hope that the dialogue we are pursuing within
this Forum will bring new brave and bold ideas and daring projects to life.
Thanks to new initiatives we will be able to solve essential social,
economic, environmental and humanitarian issues which are now on the agenda,
to improve the life quality in entire cities and countries', he stated.

The lecture of Mr. Deripaska is the first part of the five
year cooperation programme between RUSAL and HKUST. The UC RUSAL President's
Forum will host lectures of internationally acclaimed political leaders,
businessmen, professors and scientists. Student exchanges between HKUST and
leading Russian universities also form an integral part of cooperation
programme. Another important project within the cooperation framework is
joint research on the application of innovative technologies to the aluminium
sector and a search for innovative solutions to expand the use of aluminium
in construction.

The hour-long lection is due to take place on 21 September
2010 at 2:30 pm Hong Kong time (10:30 Moscow time). A live webcast and replay
of the event is available on the UC RUSAL corporate web-site
rusal.ru/en/forum.aspx. You can also post your questions to Mr.
Deripaska, which he will answer during the broadcast or straight afterwards.

About UC RUSAL

UC RUSAL (www.rusal.com) is the world's largest producer of
aluminium, in 2009 accounting for approximately 10% and 10% of global
production of aluminium and alumina, respectively. UC RUSAL employs about
76,000 people in 19 countries, across 5 continents. UC RUSAL markets and
sells its products primarily in the European, Japanese, Chinese, Korean,
South East Asian and North American markets. UC RUSAL's ordinary shares are
listed on The Stock Exchange of Hong Kong Limited (Stock code: 486) and
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).

About The Hong Kong University of Science and Technology

The Hong Kong University of Science and Technology (HKUST)
(www.ust.hk), situated in Hong Kong, China, is a top-ranked
university in Asia. Established in 1991, HKUST has five schools - Science,
Engineering, Business and Management, Humanities and Social Science, as
well as the Fok Ying Tung Graduate School in Nansha, Mainland China. The
University has nine research institutes, among them the Institute for
Advanced Study of HKUST, set up to foster cross-discipline collaboration
among the top scientists and scholars in the world. Currently, there are
about 6,000 undergraduate students and 3,500 postgraduate students. As a
research university, HKUST focuses on five areas of frontier research,
namely nano science and technology; biological sciences and biotechnology;
electronics, wireless and information technology; environment and
sustainable development as well as management education and research.

Disclaimer

The information contained in this press release is for media
advice only. The contents are true and accurate at the time of publishing,
however, may change over time.

Contacts: Vera Kurochkina, +7-(495)-720-51-70, vera.kurochkina at rusal.com