Following approval of the 1st 2008 Special General Meeting of Shareholders, the company submitted its application to China Beijing Equity Exchange for the purchase of 100% equity in Lanzhou Liancheng Longxing Aluminum Co. Ltd, 100% equity in Chinalco Southwest Aluminum Cold Rolling Co. Ltd, 84.02% equity in Chinalco Henan Aluminum Company Limited, 75% equity in Chinalco Ruimin Co. Ltd, 60% equity in Chinalco Southwest Aluminum Co. Ltd and 56.86% equity in Huaxi Aluminum Co. Ltd, previously held by Aluminum Corporation of China Limited and China Nonferrous Metals Processing Technology Co. Ltd, for RMB 4,174,758,900. On 13 May 2008 the company was informed by the equity exchange that the company had become the new holder of the shares.

An additional announcement will be issued by the company following the signing of a contract regarding the matter.

Board of Directors
14 May 2008


Source: Shanghai Stock Exchange

Date: 15 May 2008

CN01/JC/BT/GB