UNITED COMPANY RUSAL, INTERNATIONAL Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated under the laws of Jersey with limited liability)
(Stock Code: 486) UPDATE ON THE INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2015
Reference is made to the interim results announcement for the six months ended 30
June 2015 ("Interim Results Announcement") dated 27 August 2015 of United Company RUSAL Plc (the "Company"). Unless otherwise specified, capitalised terms in this announcement shall have the same meanings as the defined terms in the Interim Results Announcement.
As mentioned in the Interim Results Announcement, as at 27 August 2015, the Company was unable to obtain consolidated interim financial information of Norilsk Nickel as at and for the six months ended 30 June 2015 and accordingly has estimated its share in the profit and other comprehensive income of its associate based on the publicly available information. As a result, the Company's auditor, JSC KPMG, has provided a qualified conclusion in its Independent Auditors' Report on review of the consolidated interim condensed financial information of the Company as at and for the six months ended 30 June 2015.
On 31 August 2015, Norilsk Nickel published its first half 2015 interim consolidated IFRS financial results ("Norilsk Nickel Financial Statements") on its own website. The management of the Company is reviewing the Norilsk Nickel Financial Statements and is of the preliminary view that they may possibly have no material adverse impact on the Company's published consolidated interim condensed financial information as at and for the six months ended 30 June 2015 (as disclosed in the Interim Results Announcement).
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As soon as the Company has updated its consolidated interim condensed financial information as at and for the six months ended 30 June 2015 and the auditors have performed the relevant review procedures with respect to the Norilsk Nickel Financial Statements, the Company will make further announcement which, if required, may contain the Company's updated consolidated interim condensed financial information as at and for the six months ended 30 June 2015.
1 September 2015
By Order of the Board of Directors of
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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