Johnson Bottini, LLP Announces It Has Filed a Class Action Lawsuit against Century Aluminum Company and Seeks to Recover Losses

On March 17, 2009, Johnson Bottini, LLP ("Johnson Bottini") filed a class action lawsuit (the "Complaint”) in the United States District Court for the Northern District of California on behalf of a class consisting of all persons who purchased or otherwise acquired the common stock of Century Aluminum Company ("Century Aluminum” or the "Company”) (Nasdaq:CENX), pursuant to and/or traceable to a materially false and misleading Registration Statement and Prospectus (collectively the "Registration Statement”) issued in connection with the Company's January 28, 2009 Secondary Offering (the "Offering”).

The Complaint charges Century Aluminum, certain of the Company's executive officers and directors, and the underwriters of the Offering with violations of federal securities laws. Century Aluminum, through its subsidiaries, produces primary aluminum in the United States and internationally. The Company offers molten aluminum, as well as standard-grade ingot, extrusion billet and other value-added primary aluminum products.

The Complaint alleges that the Registration Statement was materially false and/or misleading because of a large accounting restatement the Company made for three fiscal quarters of 2008. Specifically, the Registration Statement was materially false and/or misleading because the defendants failed to disclose that the Company issued $929 million of Series A Convertible Preferred Stock in July 2008 on a net basis as an operating activity – when the transaction should have been presented on a gross presentation basis as both an operating activity and a financing activity to reflect the cash receipts and disbursements associated with the transaction.

On March 2, 2009, Century Aluminum disclosed the truth and shocked the market when the Company filed an Interim Report on Form 8-K with the United States Securities & Exchange Commission which disclosed that the Company would restate its interim consolidated statement of cash flows for the nine months ended September 30, 2008. In response to this news, shares of the Company’s stock declined more than 24% per share, to close at $1.67 per share on March 2, 2009. This closing price of Century Aluminum represented a cumulative loss of approximately 63% of the value of the Company’s shares from the time of the Offering less than two months earlier. To obtain more details and a copy of the Complaint, you can visit Johnson Bottini’s website at http://www.johnsonbottini.com/.

Plaintiff seeks to recover damages on behalf of the class members and is represented by Johnson Bottini, a law firm with significant experience in prosecuting class actions, and substantial expertise in actions involving corporate fraud. If you are a member of the class described above, you may move the Court, no later than May 8, 2009, to serve as lead plaintiff; however, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Frank Bottini or Derek Wilson of Johnson Bottini, at 619-230-0063, or via e-mail at frankb@johnsonbottini.com or derekw@johnsonbottini.com.

Johnson Bottini is dedicated to providing its clients with personalized service and individualized solutions. Both Frank Johnson and Frank Bottini are AV-rated by Martindale Hubbell and have a combined 30 years of experience in complex civil litigation. Johnson Bottini, LLP is active in major litigations pending in federal and state courts throughout the United States and has taken a leading role in many important actions on behalf of defrauded investors, consumers, and companies. The Johnson Bottini website (http://www.johnsonbottini.com) has more information about the firm.