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Alcan Recognized as a High-Performing and Sustainability-Driven Company

Montreal, Canada, September 5, 2002 - Alcan Inc. is pleased to announce that it has been selected as a component of the Dow Jones Sustainability World Index (DJSI World) in recognition of its on-going efforts to implement sustainability within its businesses.

“Alcan believes strongly in the importance of integrating economic, environmental and social criteria into our business culture and practices,” said Travis Engen, President and CEO of Alcan Inc. “A focus on sustainability is necessary for our long-term success in providing value to our shareholders.”

Alcan's position in the DJSI World will be effective September 23, 2002. The Company joins over 300 companies from 23 countries that lead their industries in sustainability issues. Alcan is ranked in the top ten per cent of companies in the aluminum – steel sector assessed for the index.

This news follows the recent announcement that Alcan was recognized in Johannesburg with a United Nations Environment Program (UNEP) and International Chamber of Commerce award for excellence in sustainable development for its novel and innovative International Micro-Business Network that helps grade school students develop entrepreneurial and environmental skills and experience.

Many of the Company's other sustainability initiatives, such as the community health initiative, Project Smiles in Brazil; Alcan's global greenhouse gas reduction program TARGET; the groundbreaking 18-year Operational Stability Agreement in the labour-management relations area; as well as its process and product sustainability developments, are described in its 2002 Corporate Sustainability Report “Alcan's Journey Towards Sustainability”. The report is available on-line at www.alcan.com.

Alcan is a multinational, market-driven company and a global leader in aluminum and specialty packaging with 2001 revenues of US$12.6 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.

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Media Contact: Marc Osborne +1 (514) 848-1342
Investor Contact: Jo-Ann Longworth +1 (514) 848-8368

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