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Alcan Inc. declares dividend

Friday, Jul 27, 2007
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Alcan Inc. (NYSE, TSX: AL - News News) today declared a quarterly dividend of 20 cents, in U.S. funds, per Common Share, payable on September 20, 2007, to shareholders of record at the close of business on August 20, 2007. There are currently approximately 372.5 million Common Shares outstanding. All dividends on Alcan Common and Preference Shares will be eligible dividends as defined in amendments to section 89 of the Income Tax Act (unless otherwise designated) and, accordingly, will entitle an individual shareholder resident in Canada to a higher dividend gross-up and dividend tax credit. Alcan Inc. (NYSE, TSX: AL - News News) is a leading global materials company, delivering high quality products, engineered solutions and services worldwide. With world-class technology and operations in bauxite mining, alumina processing, primary metal smelting, power generation, aluminum fabrication, engineered solutions as well as flexible and specialty packaging today's Alcan is well positioned to meet and exceed its customers' needs. Alcan is represented by 68,000 employees, including its joint-ventures, in 61 countries and regions, posted revenues of US$23.6 billion in 2006. The Company has featured on the Dow Jones Sustainability World Index.

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