Vimetco – Update on potential secondary public offering

Amsterdam, 1 July 2011 – Vimetco N.V. (LSE: VICO, “Vimetco” or the “Company”), the global producer of primary and processed aluminium products, today announces that due to current adverse market conditions it has decided to postpone the secondary public offering of the ordinary shares of Alro S.A. (“Alro”) on the Bucharest Stock Exchange. The Company believes it is not in the best interests of Alro or its shareholders to proceed with an SPO at this point in time.

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About Vimetco

Vimetco is a global, vertically integrated producer of primary and processed aluminium products with major production assets in Romania, Sierra Leone and China, and a holding company in The Netherlands. Vimetco controls an aluminium production capacity of 1.1 million tonnes pa. Vimetco’s global depositary receipts are listed on the London Stock Exchange (LSE:VICO). www.vimetco.com