"Whether it's maximizing value through the design and application of innovative products, or by building long-term partnerships through our stakeholder engagement efforts, Alcan has a duty to wisely manage its resources and ensure the health and safety of its employees thereby contributing to the improved well-being of society," said Travis Engen, President and Chief Executive Officer of Alcan.

Alcan's governing objective of maximizing value and the target of doubling value every five years are facilitated through the integration of sustainability into its operations. This process is grounded in and implemented through Alcan's Integrated Management System (AIMS), consisting of Value Based Management, Continuous Improvement, and EHS FIRST – Alcan's approach to environment, health, and safety.

Alcan's 2004 Sustainability highlights:

• Awarded the first US$1 million Alcan Prize for Sustainability to the Forest Stewardship Council for its work in forest management.

• Joined the World Economic Forum's (WEF) Global Greenhouse Gas Register, an initiative to stimulate the disclosure and management by companies of their world-wide climate emissions.

• Confirmed its participation in the United Nation's Global Compact, a voluntary international initiative for businesses promoting the development of a more sustainable and inclusive global economy, through its Aids Education Program in Cameroon.

• Awarded 2003's "World's Most Admired Company" in the international metals industry category by Fortune magazine.

• Selected as a member of the Dow Jones Sustainability World Index (DJSI World) for the fourth time in five years and named leader in its sector.

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 well positioned to meet and exceed its customers' needs for innovative solutions and service. Alcan employs 73,000 people and has operating facilities in 56 countries and regions.

Media Contact:
Anik Michaud
Tel.: +1-514-848-8151
media.relations@alcan.com

Investor Contact:
Corey Copeland
Tel.: +1-514-848-8368
investor.relations@alcan.com