[Noranda Logo]


                   REMINDER: NORANDA BID FOR FALCONBRIDGE
               COMMON SHARES EXPIRES MAY 5, 2005 AT 8:00 P.M.


Toronto, Ontario, May 4, 2005 - Noranda Inc. (TSX:NRD.LV)(NYSE:NRD) today
reminded the common shareholders of Falconbridge Limited that its offer to
exchange each of their Falconbridge shares for 1.77 common shares of the
new NorandaFalconbridge, expires on May 5, 2005, at 8:00 p.m. (Toronto
time).

Noranda is a leading copper and nickel company with investments in
fully-integrated zinc and aluminum assets. The Company's primary focus is
the identification and development of world-class copper and nickel mining
deposits. It employs 16,000 people at its operations and offices in 18
countries and is listed on The New York Stock Exchange and The Toronto
Stock Exchange (NRD). The company's website can be found at
www.noranda.com.



FOR FURTHER INFORMATION PLEASE CONTACT:

NORANDA INC.
DENIS COUTURE, VICE-PRESIDENT,
INVESTOR RELATIONS, COMMUNICATIONS AND PUBLIC AFFAIRS
(416) 982-7020
DENIS.COUTURE@TORONTO.NORFALC.COM
WWW.NORANDA.COM