Platts proposes to add net cash aluminum premium

Platts is proposing to add a daily P1020 aluminum spot assessment that reflects net cash payment terms. This assessment will be published on Platts Metals Alert page 412, and will run concurrently to the current US Aluminum Transaction price.

The new assessment will be labeled "Net Cash P1020 Premium."

The underlying specifications for the "Net Cash P1020 Premium" will mirror the US Aluminum Transaction price with the exception of payment terms. The current payment term basis for the US Aluminum Transaction price is net 30 days. Platts proposes to add this new assessment on May 1, 2009.

For questions and comments, please contact Tina Petersen, +1 202 383 2257, tina_petersen@platts.com, Karen McBeth, +1 202 383 2110, karen_mcbeth@platts.com, with a cc to pricegroup@platts.com by March 31, 2009.