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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
September 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.