
CAUTIONARY NOTE ON FORWARD-LOOKING INFORMATION This website contains “forward-looking information”, as such term is defined in applicable Canadian securities legislation, concerning Timminco Limited’s (together with its consolidated subsidiaries, “Timminco”) future financial or operating performance and other statements that express management’s expectations or estimates of future developments, circumstances or results. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “anticipates”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “plans” and variations of such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would” or “might” “be taken”, “occur” or “be achieved”. Forward-looking information is based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Timminco operates, are inherently subject to significant operational, economic and competitive uncertainties and contingencies. Timminco cautions that forward-looking information involves known and unknown risks, uncertainties and other factors that may cause Timminco’s actual results, performance or achievements to be materially different from those expressed or implied by such information, including, but not limited to: liquidity risks; silicon metal supply commitments; production partnership with Dow Corning; foreign currency exchange rates; long lived asset impairment; pension risks; equipment failures, downtime or inefficiencies; dependence upon power supply for silicon metal production; pricing and availability of raw materials; credit risk exposure; selling price of silicon metal; transportation delays and disruptions; class action lawsuits; interest rates; future growth plans and strategic objectives; production capacity expansion at the Bécancour facilities; environmental, health and safety laws and liabilities; climate change; conflicts of interest; limited history with the solar grade silicon business; selling price of solar grade silicon; customer commitments; achieving and maintaining quality of solar grade silicon; customer capabilities in producing ingots; access to crystallization equipment; protection of intellectual property rights; customer concentration; insurance costs; government and economic incentives; dependence upon key executives and employees; completion and integration of potential acquisitions, partnerships or joint ventures; intellectual property infringement claims; closure of the magnesium facilities; and investment in Applied Magnesium. These factors are discussed in greater detail in Timminco’s Annual Information Form for the year ended December 31, 2010, and in Timminco’s most recent Management’s Discussion and Analysis, each of which is available via the SEDAR website at www.sedar.com. Although Timminco has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in forward-looking information, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information in this website is made as of the date of this website and Timminco disclaims any intention or obligation to update or revise such information, except as required by applicable law.
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