Moscow, March 14, 2005 — RUSAL has announced the appointment of Alina Gutkina as Managing Director & Corporate Controller, heading a newly formed directorate responsible for cost control and efficiency evaluation.

The new Corporate Control Directorate will create and develop systems and criteria to evaluate how efficiently RUSAL's strategic goals are being achieved, and also conduct risk assessments and analyses of the Company's financial status. Mrs. Gutkina has been with RUSAL since 2002 when she was named CFO of a trading subsidiary.

Biographical details:

Born in 1966 in Riga, Alina Gutkina began her career in 1986 as a loans inspector at a local branch of the USSR Gosbank in Magadan. From 1989 to 1993, she held the position of chief accountant, and was later appointed financial director at the Latvian Soviet Youth Daily newspaper. From 1995 to 1999, she was director of the Information Analysis and Research Dept. at the Latvian Trade Bank. From 1999 to 2002 Mrs. Gutkina worked as the CFO of NTV Plus Co. She joined RUSAL in May 2002 as the CFO of Russky Aluminy Prokat Trade House. Mrs. Gutkina's new appointment takes effect this month.

Mrs. Gutkina graduated with honours from the Riga Civil Aviation Engineering Institute in 1991 and took her degree in Accounting and Control/Analysis of Administration. In 1998 she obtained an MBA degree at the University of Chicago Graduate School of Business.

For Mass Media

Vera Kurochkina
Elena Shanina
Press-center@rusal.ru