Kaiser Aluminum (NASDAQ:KALU) today announced that its Board of
Directors has declared a quarterly cash dividend payment of $0.18 per
share on the company's outstanding common
stock. This dividend will be payable on November 16, 2007 to
shareholders of record at the close of business on October 26, 2007.
Kaiser Aluminum is a leading producer of fabricated aluminum products
for aerospace and high-strength, general engineering, and automotive and
custom industrial applications. The company has more than 2,000
employees and 11 plants in North America and produces more than 500
million pounds annually of value-added sheet, plate, extrusions,
forgings, rod, bar and tube. For more information, please visit www.kaiseraluminum.com.
F-1078
Certain statements in this release relate to future events and
expectations and, as a result, constitute forward-looking statements
involving known and unknown risks and uncertainties that may cause
actual results, performance or achievements of the company to be
different from those expressed or implied in the forward-looking
statements. Important factors that could cause actual results to differ
materially from those in the forward-looking statements include: (a) the
effectiveness of management's strategies and decisions; (b) adverse
changes in economic or aluminum industry conditions generally; (c)
adverse changes in the markets served by the company, including the
aerospace, defense, general engineering, automotive, distribution and
other markets; (d) the company's inability to
achieve the level of cash generation, margin improvements, cost savings,
or earnings or revenue growth anticipated by management; (e) the impact
of the company's future earnings, financial
condition, capital requirements and other factors on its ability to pay
future dividends and any decision by the company's
board of directors in that regard; and (f) the other risk factors
summarized in the company's Form 10-K for the year ended December 31,
2006 and other reports filed with the Securities and Exchange Commission.
Kaiser Aluminum
Investor Relations Contacts:
Joe
Bellino or Dan Rinkenberger, 949-614-1740
or
Fleishman-Hillard
Public
Relations Contact:
Geoff Mordock, 213-489-8271