NORDIC ALUMINIUM PLC STOCK EXCHANGE RELEASE SEPT 23, 2008 2.40 p.m. Due to market downturn Nordic Aluminium Plc will start employee negotiations in compliance with the Act on Cooperation. These negotiations will be held to adapt the Company's operations to the current market situation and to the expected operational and economical prospects. The possible effects for the employees due to reorganization of the operation are approximately 60-80 employees. These negotiations will affect all personnel groups, and will start on September 25, 2008. Due to the market downturn the Company expects the operative profit for the whole year to fall from the previous year. NORDIC ALUMINIUM PLC Robert Paajanen Managing Director For further information please contact: Managing Director Robert Paajanen, Nordic Aluminium, tel. +358 20 7660 220 Distribution: OMX Nordic Exchange Helsinki The Main Media www.nordicaluminium.fi NOAE1008