Press Release

03/01/2013             

ALUMINIUM S.A. SIGNS NEW LARGE
$200M CONTRACT FOR EXPORTS

MYTILINEOS Group subsidiary ALUMINIUM S.A. has signed with Swiss-based multinational Glencore a contract for the sale of 75,000 tons of aluminium in billets and slabs, for a total price of $200 million. These quantities will be exported to the European and US markets from January 2013 to June 2014.

After its recent acquisition of the Xstrata multinational giant, Glencore today ranks as one of the three largest metallurgy and mining companies in the world.

This contract confirms the Group's strong export orientation and stresses the important role of the aluminium industry in Greece, where it contributes more than 80% of the added value of Greek finished products that are exported abroad.

Finally, Group exports for 2013 are forecasted at 80-90% of the Group's total sales, with the exception of the electricity production activity, which is addressed to the domestic market.

The conclusion of this agreement has also been made possible by the implementation of the MELLON Programme, the Group's large-scale cost rationalisation programme, and forms part of the steps taken to further internationalise the Group's metallurgy and mining business activity – two initiatives that aim to secure the competitive position of ALUMINIUM S.A. in the European and global markets for the next twenty years.

For more details, please contact:

Mrs Katerina Mouzouraki, Group Press & Media Relations Supervisor (Tel.: 210 6877484, Fax: 210 6877400, e-mail: katerina.mouzouraki@mytilineos.gr).

MYTILINEOS Group is a leading Greek industry active in Metallurgy & Mines, Energy and EPC Projects. Established in Greece in 1990, the Group's holding company, MYTILINEOS HOLDINGS S.A., is listed on the Athens Exchange, has a consolidated turnover in excess of €1.6 billion and employs some 2,500 people directly and many more indirectly in Greece and abroad. For more details, please visit the Group's website at: www.mytilineos.gr.