ALUMINA LTD. (AWC $15.37, rated UNDERWEIGHT, target lowered back to $11 from $13); RAISING $786 MILLION AT A 30% DISCOUNT TO LAST QUOTE TO PAY UNEARNED DIVIDEND AND FUND CAPITAL SHORTFALL DRIVEN BY COST OVERRUNS IN BRAZIL DURING A PERIOD OF WEAKER EARNINGS 8/26/2008
ALUMINA LTD. (AWC $15.37, rated UNDERWEIGHT, target lowered back to $11 from
$13); RAISING $786 MILLION AT A 30% DISCOUNT TO LAST QUOTE TO PAY
UNEARNED DIVIDEND AND FUND CAPITAL SHORTFALL DRIVEN BY COST
OVERRUNS IN BRAZIL DURING A PERIOD OF WEAKER EARNINGS 8/26/2008