Alumina Limited

Continuous Disclosure Policy

Alumina Continuous Disclosure Policy comprises 3 parts:

Part 1: Materiality Guidelines.

This Part provides practical assistance in assessing when matters may require disclosure by using qualitative tests of materiality.

Part 2: Reporting Processes.

This Part describes the system to be followed in identifying potentially discloseable information, reporting it internally and, if required, disclosing it to ASX.

Part 3: The Legal Position.

This Part describes Alumina's principal disclosure obligation and the consequences of a failure to disclose information.

Continuous Disclosure Policy