ALCAN

Alcan Inc. declares dividend

Montreal,Canada - Alcan Inc. (stock symbol: AL) today declared a quarterly dividend of 15 cents, in U.S. funds, per Common Share, payable on September 20, 2002, to shareholders of record at the close of business on August 21, 2002.

There are currently approximately 321.2 million Common Shares outstanding.

Alcan is a multinational, market-driven company and a global leader in aluminium and speciality packaging with 2001 revenues of US$12.6 billion. 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 48,000 people and has operating facilities in 38 countries.

Media Contact: Marc Osborne, +1 (514) 848-1342; Investment Community Contact:
Jo-Ann Longworth, +1 (514) 848-8368/

26 jul 02 10:10