ALUMINA REPLACEMENT PURCHASES

ALUMINA REPLACEMENT PURCHASES. Means all US dollars advanced (or exchanged into Australian dollars and advanced) by KACC or KAII to KAAC and US dollars paid by KACC or KAII on behalf of KAAC during the period from July 1, 2004 through the QAL Closing related to purchases of alumina (such purchased alumina to be "Replacement Alumina") to satisfy KAII's contracts to supply third parties where such contracts would normally have been supplied with KAAC's alumina from QAL. See Exhibit F for an illustrative example.