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Sonenshine Partners Advises Alcoa on its Sale of Alcoa Shanghai Aluminum Products to Yunnan Metallurgical Group
Company Press Release
August 11, 2009

New York, NY - Sonenshine Partners LLC today announced that it acted as exclusive financial advisor to Alcoa Inc. (NYSE: AA), the world’s leading producer of primary aluminum, fabricated aluminum and alumina, on the sale of Alcoa (Shanghai) Aluminum Products Co., Ltd. to Yunnan Metallurgical Group, one of the largest non-ferrous metals and mining companies in China.  Terms of the transaction were not disclosed. 
Alcoa (Shanghai) Aluminum Products Co., Ltd. produces premium aluminum foil for the food and pharmaceutical packaging, building and construction decoration, electronics, home appliance and automobile industries.  It counts among its customers many of the leading consumer products and industrial companies in China.

About Alcoa

Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation, and industrial markets, bringing design, engineering, production, and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets wheels, fastening systems, precision and investment castings, and building systems. The Company has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland, and has been a member of the Dow Jones Sustainability Index for eight consecutive years. Alcoa employs approximately 63,000 people in 31 countries across the world. More information can be found at www.alcoa.com. 

About Yunnan Metallurgical Group

China Yunnan Metallurgical Group Co., Ltd. (CYMG) is a leading diversified metals producer located in the Yunnan Province of China.  It has a 50 year history in the metals and mining industry and ranks among the top five non-ferrous metals and mining companies in China.  The Group has 47 member companies and employs more than 2 million people. More information can be found at www.cymg.com or at www.cymco.cn.

Sonenshine Partners is a leading independent investment bank focused on providing integrated strategic, financial and corporate advisory services.  The firm was founded in 2000 and is headquartered in New York City.

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