KALU Kaiser Aluminum Corporation

CUSIP No. 483007704
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 (1) NAME OF REPORTING PERSON
 OZ Management LP
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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
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 (3) SEC USE ONLY

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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
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NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 -------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY -------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
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 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
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 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
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 (12) TYPE OF REPORTING PERSON
 IA
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CUSIP No. 483007704
-----------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
 Och-Ziff Holding Corporation
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY

-----------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
-----------------------------------------------------------------------------

NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 -------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY -------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON
 OO
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CUSIP No. 483007704
-----------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
 Och-Ziff Capital Management Group LLC
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY

-----------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
-----------------------------------------------------------------------------

NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 -------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY -------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
-------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON
 CO
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CUSIP No. 483007704
-----------------------------------------------------------------------------
 (1) NAME OF REPORTING PERSON
 Daniel S. Och
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY

-----------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 United States
-----------------------------------------------------------------------------

NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 -------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY -------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING --------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
---------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON
 IN
-----------------------------------------------------------------------------

CUSIP No. 483007704

ITEM 1(a). NAME OF ISSUER:
 Kaiser Aluminum Corporation

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
 27422 Portola Parkway, Suite 350, Foothill Ranch, CA 92610

ITEMS 2(a), 2(b) and 2(c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL BUSINESS
OFFICE AND CITIZENSHIP:

 This statement is filed by the entities and persons listed below, all of
whom together are referred to herein as the "Reporting Persons":

 (i) OZ Management LP ("OZ"), a Delaware limited partnership, with
 respect to the Shares reported in this Schedule 13G held by
 certain investment funds and discretionary accounts managed by
 OZ (the "Accounts").

 (ii) Och-Ziff Holding Corporation ("OZHC"), a Delaware corporation,
 which serves as the general partner of OZ, with respect to the
 Shares reported in this Schedule 13G managed by OZ and held by
 the Accounts.

 (iii) Och-Ziff Capital Management Group LLC("OZM"), a Delaware
 limited liability company, is a holding company, which is the
 sole shareholder of OZHC and Och-Ziff Holding LLC, a Delaware
 limited liability company, which serves as the general partner
 of another investment fund with respect to the Shares reported
 in this Schedule 13G managed by OZ and held by the Accounts.

 (iv) Daniel S. Och, who is the Chief Executive Officer of OZHC and
 the Chief Executive Officer and Executive Managing Director of
 Och-Ziff Capital Management Group LLC, with respect to the
 Shares reported in this Schedule 13G managed by OZ and held by
 the Accounts.

 The citizenship of OZ, OZHC, and OZM is set forth above. Daniel S.
Och is a United States citizen.

 The address of the principal business office of each of the
Reporting Persons is 9 West 57th Street, 39th Floor, New York, NY 10019.

CUSIP No. 483007704

ITEM 2(d). TITLE OF CLASS OF SECURITIES:
 Common Stock, $0.01 par value.

ITEM 2(e). CUSIP NUMBER:
 483007704

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO ss.ss. 240.13d-1(b) or
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

 (a) [ ] Broker or dealer registered under Section 15 of the
 Act;

 (b) [ ] Bank as defined in Section 3(a)(6) of the Act;

 (c) [ ] Insurance Company as defined in Section 3(a)(19) of
 the Act;

 (d) [ ] Investment Company registered under Section 8 of the
 Investment Company Act of 1940;

 (e) [ ] Investment Adviser registered under Section 203 of the
 Investment Advisers Act of 1940: see Rule 13d-
 1(b)(1)(ii)(E);

 (f) [ ] Employee Benefit Plan, Pension Fund which is subject
 to the provisions of the Employee Retirement Income
 Security Act of 1974 or Endowment Fund; see Rule 13d-
 1(b)(1)(ii)(F);

 (g) [ ] Parent Holding Company, in accordance with Rule 13d-
 1(b)(ii)(G);

 (h) [ ] Savings Associations as defined in Section 3(b) of the
 Federal Deposit Insurance Act;

 (i) [ ] Church Plan that is excluded from the definition of an
 investment company under Section 3(c)(14) of the
 Investment Company Act of 1940;

 (j) ( ) Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c), CHECK THIS
BOX. [x]

CUSIP No. 483007704

ITEM 4. OWNERSHIP.

 OZ serves as principal investment manager to a number of investment
funds and discretionary accounts with respect to which it has voting and
dispositive authority over the Shares reported in this Schedule 13G. OZHC serves
as the general partner of OZ. As such, it may be deemed to control OZ and
therefore may be deemed to be the beneficial owner of the Shares reported in
this Schedule 13G. OZM is the sole shareholder of OZHC and Och-Ziff Holding LLC,
as such it may be deemed to be the beneficial owner of the Shares reported in
this Schedule 13G. Mr. Daniel S. Och is the Chief Executive Officer and
Executive Managing Director of OZM. As such, he may be deemed to control such
entity and therefore be deemed to be the beneficial owner of the Shares reported
in this Schedule 13G.

 Each of the Reporting Persons hereby disclaims any beneficial
ownership of any such Shares.

 A. OZ

 (a) Amount beneficially owned: 0

 (b) Percent of class: 0%

 (All percentages herein are based on 20,044,907 shares of
 Common Stock reported to be outstanding as of October 31,
 2008, reflected in the Form 10-Q filed by the Company on
 November 5, 2008.)

 (c) Number of shares as to which such person has:

 (i) sole power to vote or to direct the vote
 0

 (ii) shared power to vote or to direct the vote
 0

 (iii) sole power to dispose or to direct the disposition
 of 0

 (iv) shared power to dispose or to direct the disposition
 of 0

 B. OZHC

 (a) Amount beneficially owned: 0

 (b) Percent of class: 0%

 (c) Number of shares as to which such person has:

 (i) sole power to vote or to direct the vote
 0

 (ii) shared power to vote or to direct the vote
 0

 (iii) sole power to dispose or to direct the disposition
 of 0

 (iv) shared power to dispose or to direct the disposition
 of 0

CUSIP No. 483007704

 C. OZM

 (a) Amount beneficially owned: 0

 (b) Percent of class: 0%

 (c) Number of shares as to which such person has:

 (i) sole power to vote or to direct the vote
 0

 (ii) shared power to vote or to direct the vote
 0

 (iii) sole power to dispose or to direct the disposition
 of 0

 (iv) shared power to dispose or to direct the disposition
 of 0

 D. Daniel S. Och

 (a) Amount beneficially owned: 0

 (b) Percent of class: 0%

 (c) Number of shares as to which such person has:

 (i) sole power to vote or to direct the vote
 0

 (ii) shared power to vote or to direct the vote
 0

 (iii) sole power to dispose or to direct the disposition
 of 0

 (iv) shared power to dispose or to direct the disposition
 of 0

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
 If this statement is being filed to report the fact as of the date
 hereof the Reporting Persons have ceased to be the beneficial owner
 of more than five percent of the class of securities, check the
 following [X].

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
 See Item 4.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
 THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
 Not applicable.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
 See Item 4.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
 Not applicable.

ITEM 10. CERTIFICATIONS. (if filing pursuant to Rule 13d-1(c))

 Each of the Reporting Persons hereby make the following
certification:

 By signing below each Reporting Person certifies that, to the best
of its knowledge and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.

CUSIP No. 483007704

 SIGNATURES

 After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.

DATED: February 13, 2009 /s/ Daniel S. Och
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 OZ MANAGEMENT LP
 By Och-Ziff Holding Corporation
 its general partner;
 By Daniel S. Och
 Chief Executive Officer


 /s/ Daniel S. Och
 -----------------------------------
 Och-Ziff Holding Corporation
 By Daniel S. Och
 Chief Executive Officer


 /s/ Daniel S. Och
 -----------------------------------
 Och-Ziff Capital Management Group LLC
 By Daniel S. Och
 Chief Executive Officer and
 Executive Managing Director


 /s/ Daniel S. Och
 -----------------------------------
 Daniel S. Och