ALCAN

Alcan Inc. Declares Dividend

Alcan Inc. Declares Dividend

MONTREAL, June 24/PRNewswire/ -- Alcan Inc. (stock symbol: AL) today declared a quarterly dividend of 15 cents, in U.S. funds, per Common Share, payable on September 20, 2004, to shareholders of record at the close of business on August 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 or Investor Contact:Corey Copeland +1 (514) 848-8368

24 jun 04 09:03