Alcan To Review BCUC Power Contract Decision 2007/01/02

Montreal, Canada – Alcan Inc. announced today that it intends to review the British Columbia Utilities Commission (BCUC) decision to reject the amended and restated Long-Term Energy Purchase Agreement (LTEPA) between the Company and BC Hydro with regard to its investment plan in Kitimat, British Columbia. “We are disappointed with the BCUC decision and will be studying it closely to better understand the Commission’s rationale and to determine the potential impact on the feasibility and timing of the Kitimat Modernization Project.”, said Michel Jacques, President and Chief Executive Officer, Alcan Primary Metal Group. “We understand that this period of uncertainty will be difficult for the region affected by the BCUC decision.” An approval by the BCUC was one of three conditions set by Alcan for final go ahead of the Kitimat Works Modernization Project at the time of announcement on August 14th, 2006. The other two key conditions are the resolution of environmental permitting issues and a long-term labour agreement to ensure stability during the planning, the construction and the start-up of the Modernization Project. Alcan Inc. (NYSE, TSX: AL) is a leading global materials company, delivering high quality products 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 65,000 employees in 61 countries and regions, and posted revenues of US$20.3 billion in 2005. The Company has featured on the Dow Jones Sustainability World Index consecutively since 2003. For more information, please visit: www.alcan.com. -30- Media Contact: Colleen Nyce Tel.: +1-250-639-8760 colleen.nyce@alcan.com Anik Michaud Tel.: +1-514-848-8151 anik.michaud@alcan.com Investor Contact: Corey Copeland Tel.: +1-514-848-8368 investor.relations@alcan.com

© 2009 Alcan Inc.   Legal Disclaimer | Privacy Statement