EXHIBIT 99.3

NEWS FROM:
REYNOLDS METALS COMPANY
Public Relations Staff
Richmond, VA  23261
CONTACT:  Drew Lybrook
Telephone:     (804) 281-2965
Home:          (804) 360-5736








                                        FOR IMMEDIATE RELEASE:
                                        August 26, 1994



     RICHMOND, Va. -- Reynolds Metals Company (NYSE & CHX: RLM) reported
today that it has been notified it will receive a civil investigative
demand from the U. S. Department of Justice relating to production of
primary aluminum.  The company said it will cooperate with the inquiry and
is confident that its conduct has been in compliance with U.S. antitrust
laws.

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CO8-2694-AML