Global Alumina Announces Execution of Joint Venture Agreements

    TORONTO, Ontario, April 27 /CNW/ -- Global Alumina Corporation (the
"Company") (TSX: GLA.U) today announced that all parties have now executed the
agreements to form a joint venture to develop and operate the Company's
alumina refinery project in the Republic of Guinea (the "Project") the
approvals for which were previously announced on March 26, 2007. Completion of
the initial subscription effecting the joint venture is expected to occur on
May 17, 2007.
    A material change report with respect to the transaction was filed on
April 5, 2007 and a further material change report and a copy of the
subscription agreement will be available on the Company's reference page at within 10 days of this press release.

    For further information, please contact:

    Michael Cella                         Barbara Cano
    Global Alumina                        Breakstone Group
    P: 212-351-0010                       P: 646-452-2334     


For further information:

For further information: Michael Cella of Global Alumina,
+1-212-351-0010,  or; or Barbara Cano of Breakstone
Group,  +1-646-452-2334

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Global Alumina Corporation

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