ALUMINA LTD. (AWC $3.66, RATING UNDERWEIGHT; PRICE TARGET $3.00); LOWER ESTIMATED 2013 ALUMINA AND ALUMINUM OUTPUT OFFSET BY LOWER ESTIMATED 2013 OPERATING COSTS; 2014-2017 LME ALUMINUM INGOT PRICE ESTIMATES LOWERED 8/28/2013

ALUMINA LTD. (AWC $3.66, RATING UNDERWEIGHT; PRICE TARGET $3.00);
LOWER ESTIMATED 2013 ALUMINA AND ALUMINUM OUTPUT OFFSET BY
LOWER ESTIMATED 2013 OPERATING COSTS; 2014-2017 LME ALUMINUM
INGOT PRICE ESTIMATES LOWERED 8/28/2013