Leading Aluminum Fabricator Streamlines Fabricated Products Business

Kaiser Aluminum Corporation (Nasdaq:KALU) today announced a reorganization of operations management to streamline the management structure for the Fabricated Products business with Peter Bunin assuming expanded responsibilities as Vice President, General Manager - Operations, a position focused on driving continued improvement in operating efficiencies throughout the organization. In his expanded role Bunin will oversee all Fabricated Products manufacturing operations including the company's investment in the Kalamazoo, Mich. facility, which is anticipated to be fully operational in early 2010.

In conjunction with the reorganization, Martin Carter, Vice President and General Manager of Common Alloy Products, will be leaving the company to pursue other opportunities. "We thank Martin for his many contributions to the company, and we wish him well in his future endeavors," said Jack A. Hockema, President, CEO and Chairman of Kaiser Aluminum.

Mr. Bunin most recently held the position of Vice President and General Manager of Heat Treat Products. He joined Kaiser Aluminum in 1996 as Vice President and General Manager of Raw Materials for Engineered Products. Before that, he held senior management positions with Ampco Metals and Outokumpu Copper. Bunin holds a Master of Business Administration degree from the Harvard University Graduate School of Business and a Bachelor of Science degree in mechanical engineering from the Massachusetts Institute of Technology.

"We are delighted to have Pete take on this expanded leadership role," said Mr. Hockema. "He has led the transformation of our Heat Treat expansion program over the past several years, and has successfully transformed the operation into a leading, low-cost manufacturer that is extremely well positioned to compete in today's environment. In addition, given Pete's more than 20 years of metals industry experience and history of operational success, he is a logical choice to oversee the Fabricated Products programs in order for the company to continue being the supplier of choice and a leading low-cost producer, while also driving growth."

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