ALCAN

Alcan Inc. declares dividend

Montreal - Alcan Inc. (stock symbol: AL) today declared a quarterly dividend of 15 cents, in U.S. funds, per Common Share, payable on 20 June 2002, to shareholders of record at the close of business on 23 May 2002.

There are currently approximately 321.1 million Common Shares outstanding.

Alcan is a multinational, market-driven company and a global leader in aluminium and speciality packaging with annual revenues of US$12.6 billion in 2001. With world-class operations in primary aluminium, fabricated aluminium as well as flexible and speciality packaging, Alcan is well positioned to meet and exceed its customers' needs for innovative solutions and service. Alcan employs approximately 48,000 people and has operatingfacilities in 38 countries.

Marc Osborne, +1 (514) 848-1342; Investor Contact: Serge Michaud. +1 (514) 848-8368

26 apr 02 08:53