Alcan sells Star Litho plant 2001/06/18

Zurich, Switzerland —Alcan Inc. (NYSE, TSE : AL) today announced the sale of its lithographic sheet production plant, Star Litho, located in Bridgnorth, United Kingdom to Elval Hellenic Aluminium Industry S.A. of Greece. The sale is the last part of the divestment requirements imposed by the European Commission as a condition to its approval of the merger between Alcan and Alusuisse Group Ltd in October 2000. Star Litho supplies aluminum lithographic sheets to the printing industry. Alcan will continue to operate its separate foil and packaging plant in Bridgnorth. Alcan is a multinational, market-driven company and a global leader in aluminium and specialty packaging with annual revenues of approximately US$13 billion. With world-class operations in primary aluminium, fabricated aluminium 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 52,000 people and has operating facilities in 38 countries. -30- Media Contact: John Gardner (Europe) + 41 1 386 2155 Media Contact: Marc Osborne +1 (514) 848-1342 Investor Contact: Michael Hanley +1 (514) 848-8368

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