Listing under Executive share

RNS Number:1653Y
Alcan Inc
3 July 2002


July 3, 2002

The Secretary

Quotations Department

The London Stock Exchange

The Tower

Old Broad Street

London EC2N 1HP

England



To whom it may concern:

Listing under Alcan's Executive Share Option Plan

In accordance with the undertaking given on the grant of listing for 1,581,505
Common shares of no par value on June 14th 1989, Stock Exchange Reference: 89/
1544, I am writing to inform you that the position as at June 30, 2002 was as
follows:

92,554.000 shares were allotted during the quarter ending June 30, 2002, and
15,445,452.000 of these shares remain reserved for issue.

If, at any time, shares are to become eligible for listing and will not rank
pari passu with existing listed shares, application will be made through de
Zoete & Bevan Limited for an additional line in the Official List for those
shares. If the number of shares available under the Executive Share Option Plan
alters by reason of issue by way of capitalization of reserves etc., I will
apply for the further amount then available for issue.

Yours truly,

Diane Hryshko

Coordinator, Shareholder Services

E mail - Roy Millington

Credit Suisse First Boston de Zoete & Bevan Limited

One Cabot Square

London E14 4OJ England





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