Ormet Confirms WARN Notices

HANNIBAL, Ohio--(Business Wire)--
Ormet Corporation, an independent U.S. producer of aluminum, issued the
following statement today. Ormet CEO Mike Tanchuk confirms that the company has
issued a WARN notice to 833 hourly and 149 salaried employees as is required by
law. However, at this time no definitive decisions have been made as to the
extent of the layoffs. The number of employees that will be affected is, as of
yet, undetermined. We recognize the challenging conditions we are facing and the
difficult economic environment in which we are operating, and we want to assure
everyone that we are doing everything in our power to protect the company, our
workforce, and the communities in which we operate.

ABOUT ORMET: Headquartered in Hannibal, Ohio, Ormet Corporation is a major U.S.
producer of aluminum. Ormet employs approximately 1,000 people from across
Monroe County, Southeastern Ohio, and parts of West Virginia. Its aluminum
smelter has an annual aluminum production capacity of approximately 266,000
metric tons.

This press release contains forward-looking statements within the meaning of the
federal securities laws. Such statements are based on current expectations, and
the actual results and the timing of certain events could differ materially from
those projected in or contemplated by these forward-looking statements due to a
number of factors. Readers are cautioned that Ormet's business is subject to
numerous significant risks and uncertainties, including those discussed in
Ormet's 15c2-11 information and disclosure statements for the year ended
December 31, 2008 and the quarter ended March 31, 2009 (copies of which are
available at Ormet's website at www.ormet.com).

Headquartered in Hannibal, Ohio, Ormet Corporation is a major U.S. producer of
aluminum. Ormet employs approximately 1,000 people. Its aluminum smelter based
in Hannibal, Ohio has an annual aluminum production capacity of approximately
266,000 metric tons. For more information, visit Ormet's website at
www.ormet.com.

Ormet Corporation
Linda King, 412-428-0050 or 412-296-2284

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