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UNITED COMPANY RUSAL PLC

(Incorporated under the laws of Jersey with limited liability)

(Stock Code: 486) CANCELLATION OF THE CORPORATE RUBLE BONDS

Reference is made to the announcements of United Company RUSAL Plc (the "Company") dated 18 June 2012 and 28 June 2013 in relation to the Corporate Ruble Bonds (the "Announcements"). Capitalized terms used herein shall have the same meanings as given to them in the Announcements.

As disclosed in the Company's announcement dated 28 June 2013, with regard to the Corporate Ruble Bonds of OJSC RUSAL Krasnoyarsk series 01, 02, 03, 04 (which were registered with the FFMS in 2012), the period within which the expected placement may take place was extended to no later than the second year after the registration of the Corporate Ruble Bonds with the FFMS with possibility of further prolongation for one year. The three-year period will lapse on 6 September 2015 and

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no placement of the Corporate Ruble Bonds shall take place after such date. Therefore, the Corporate Ruble Bonds would have to be cancelled accordingly. The Company will arrange for the necessary procedures for the cancellation of the Corporate Ruble Bonds pursuant to the relevant rules and regulations.

28 August 2015

By Order of the Board of Directors of

United Company RUSAL Plc Aby Wong Po Ying

Company Secretary

As at the date of this announcement, the executive Directors are Mr. Oleg Deripaska, Mr. Vladislav Soloviev and Mr. Stalbek Mishakov, the non-executive Directors are Mr. Maxim Sokov, Mr. Dmitry Afanasiev, Mr. Len Blavatnik, Mr. Ivan Glasenberg, Mr. Maksim Goldman, Ms. Gulzhan Moldazhanova, Mr. Daniel Lesin Wolfe, Ms. Olga Mashkovskaya and Ms. Ekaterina Nikitina, and the independent non-executive Directors are Mr. Matthias Warnig (Chairman), Dr. Peter Nigel Kenny, Mr. Philip Lader, Ms. Elsie Leung Oi-sie and Mr. Mark Garber and Mr. Dmitry Vasiliev.
All announcements and press releases published by the Company are available on its website under the links http://www.rusal.ru/en/investors/info.aspx, http://rusal.ru/investors/info/moex/ and http://www.rusal.ru/en/press-center/press- releases.aspx, respectively.

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