ALCAN INC.

Alcan Inc. Declares Dividend

MONTREAL, Canada, April 22/PRNewswire/ -- Alcan Inc. (stock symbol: AL) today declared a quarterly dividend of 15 cents, in U.S. funds, per Common Share, payable on June 18, 2004, to shareholders of record at the close of business on May 20, 2004.

There are currently approximately 368 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: Joseph Singerman +1 (514) 848-1355 Investor Contact: Corey Copeland +1 (514) 848-8368

23 apr 04 08:54