ALCAN

Alcan Inc. declares dividend

Montreal, February 10 /PRNewswire/ -- Alcan Inc. (NYSE, TSX : AL) today announced a quarterly dividend of 15 cents, in U.S. funds, per Common Share, payable on March 20, 2003, to shareholders of record at the close of business on February 24, 2003. The announcement followed a meeting of Alcan's Board of Directors.

There are currently approximately 321.4 million Common Shares outstanding.

Alcan is a multinational, market-driven company and a global leader in aluminum and specialty packaging with 2002 revenues of US$12.5 billion. With world-class operations in primary aluminum, fabricated aluminum as well as flexible and specialty 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.

For further information: Media contact : Joseph Singerman, +1 (514) 848-1355; Investor contact : Jo-Ann Longworth, +1 (514) 848-8368

11 feb 03 08:54

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