OREANDA-NEWS. December 24, 2010. UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world’s largest aluminium producer, announces that the company’s Russian Depository Receipts (”RDRs”) were listed on MICEX and RTS stock exchanges.

The issue by Sberbank of the RDRs will commence on 23 December 2010 and trading on MICEX (ticker: “RUALR”) and RTS (ticker: “RUAL”) will start the day following the commencement date of the issue.

RUSAL becomes the first company to set up a Russian Depository Receipts programme. This programme is aimed at improving the attractiveness of and access to RUSAL’s shares for the extensive Russia-focused investor base that was unable to participate in the company’s listing of its shares on the Hong Kong Stock Exchange.

RDRs are planned to be issued on already issued common shares of the company. Each RDR will represent a right of its holder to receive 10 (ten) shares. RDRs do not have any nominal value. There is no time limit on the issue of RDRs within the RDR programme. The company’s shareholders will be able to receive RDRs against the deposit of shares, and, vice versas, RDR holders will be able to receive shares.