RNS Number:1106R
Alcan Inc
7 February 2002

Common Shares Issued and Reserved for Issue  Toronto, New York, Swiss, London

Issued as of December 31, 2001                                320,901,747.097

Issued in January 2002:

Dividend Reinvestment Plan ("DRP")                                      -
DRP Adjustment                                                          -
Share Purchase Plan ("SPP")                                         1,277.133
Issued under DRP and SPP (Subtotal)                                 1,277.133

Options exercised in January 2002 under:

Executive Share Option Plan ("AESOP")                              24,975.000

Repurchase under Normal Course Issuer Bid (settled)                     -

Exchange Offer                                                          -

Issued and Outstanding as of January 31, 2002:                320,927,999.230

Reserved for Issue as of January 31, 2002 under:

Dividend Reinvestment Plan and Share Purchase Plan                 66,530.110
Executive Share Option Plan                                    15,675,869.000

Total Reserved for Issue as of January 31, 2002:               15,742,399.110

Issued and Reserved for Issue as of January 31, 2002:         336,670,398.340                              


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