Teksid Aluminum Luxembourg S.a r.l., S.C.A. Receives Requisite Consents to Amendments to the Indenture

    HAMILTON, Bermuda, Oct. 2 /CNW/ - Teksid Aluminum Luxembourg S.a r.l.,
S.C.A. (the "Company") announced that, as of 12:00 P.M., New York City time
(5:00 P.M., London time), on Monday, October 1, 2007, consents representing
approximately 84.34% of the EUR205,598,000 aggregate principal amount of its
outstanding 11 3/8% Senior Notes due 2011 (the "Senior Notes") have been
validly delivered pursuant to its previously announced solicitation of
consents pursuant to a consent solicitation statement dated as of
September 25, 2007 (the "Statement"), to implement certain proposed amendments
(as described below) to the indenture governing the Senior Notes (the
"Indenture"). Consequently, the Company, the note guarantors and the trustee
executed a supplemental indenture (the "Supplemental Indenture") on October 1,
2007. Accordingly, the proposed amendments have become operative in accordance
with their terms.
    The consent solicitation expired on October 1, 2007 at 10:00 A.M.,
New York City time (3:00 P.M., London time).
    The indenture amendments allow, among other things: (i) the sale of
Teksid Deutschland GmbH and TK Aluminum-France S.A.S. and, indirectly, the
latter's subsidiaries Teksid France S.A.S., Metaltemple S.A.S., Fonderie
Aluminium Cleon S.A.S. and Fonderie du Poitou Aluminium S.A.S. (the "French
Subsidiaries") to Bavariaring 0906 GmbH; (ii) the settlement, write-off, or
other extinguishment of certain intercompany obligations, including the
obligations owed by the Company to certain of the French Subsidiaries and the
obligations owed by certain of the French Subsidiaries to certain of the
Company's remaining subsidiaries; and (iii) the Company to capitalize or
convert to equity that certain intercompany loan owed by TK Aluminum-France
S.A.S. to the Company.
    In addition, for further information and for copies of the Statement
please contact: The Bank of New York and The Bank of New York (Luxembourg)
S.A. at One Canada Square, London E14 5AL, England, Attention: Corporate Trust

    This announcement is for informational purposes only and does not
constitute an invitation to participate in the consent solicitation in any
jurisdiction in which, or to or from any person to or from whom it is unlawful
to make such invitation under applicable securities laws. The distribution of
this announcement in certain jurisdictions may be restricted by law. Persons
into whose possession this document comes are required to inform themselves
about, and to observe any such restrictions. The consent solicitation was made
only by the Statement dated September 25, 2007.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning
of the United States federal securities laws relating to the consent
solicitation. These statements are based upon management's current
expectations and beliefs and are subject to certain risks and uncertainties
that could cause actual results to differ materially from those described in
the forward-looking statements. These risks and uncertainties include market
conditions and other factors beyond the Company's control and the risk factors
and other cautionary statements discussed in the Statement.

For further information:

For further information: E-mail: phoward@bankofny.com and/or
alexshaw@bankofny.com, Tel: +44-207-964-6873 and/or +44-207-964-8873, in their
capacity as Information Agents and Tabulation Agents in Luxembourg

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