ALCAN INC

Alcan Inc. Declares Dividend

MONTREAL, Canada, February 16/PRNewswire/ -- Alcan Inc. (NYSE, TSX: AL) today announced a quarterly dividend of 15 cents, in U.S. funds, per Common Share, payable on March 19, 2004, to shareholders of record at the close of business on February 23, 2004.

There are currently approximately 367.5 million Common Shares outstanding.

Alcan is a multinational, market-driven company and a global leader in aluminum and packaging, as well as aluminum recycling. With world-class operations in primary aluminum, fabricated aluminum as well as flexible and specialty packaging, aerospace applications, bauxite mining and alumina processing, today's Alcan is even better positioned to meet and exceed its customers' needs for innovative solutions and service. Alcan employs 88,000 people and has operating facilities in 63 countries.

Source: Alcan Inc

Media Contact: Joe Singerman, +1 (514) 848-1355; Investor Contact: Corey Copeland, +1 (514) 848-8368


17 feb 04 09:11