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                                EXHIBIT NO. 99:
   CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE
               PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

          Written or oral statements made by Alcan or its representatives,
including statements set forth in Alcan's Form 10-Q for the quarter ended June
30, 1998, which describe the Company's or management's objectives, projections,
estimates, expectations or predictions of the future may be "forward-looking
statements" within the meaning of the United States Private Securities
Litigation Reform Act of 1995, which can be identified by the use of
forward-looking terminology such as "believes," "expects," "may," "will,"
"should," "estimates," "anticipates" or the negative thereof or other
variations thereon. The Company cautions that, by their nature, forward-looking
statements involve risk and uncertainty and that the Company's actual results
could differ materially from those expressed or implied in such forward-looking
statements or could affect the extent to which a particular projection is
realized.

          Important factors which could cause the Company's actual performance
to differ materially from projections or expectations included in
forward-looking statements include global aluminum supply and demand
conditions, aluminum ingot prices and changes in other raw materials costs and
availability, cyclical demand and pricing within the principal markets for the
Company's products, changes in government regulations, particularly those
affecting environmental, health or safety compliance, economic developments and
other factors within the countries in which the Company operates or sells its
products and other factors relating to the Company's ongoing operations
including, but not limited to, litigation, labour negotiations and fiscal
regimes.

          Copies of the Company's filings may be obtained by contacting the
Company or the United States Securities and Exchange Commission.