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ALCAN ALUMINIUM LIMITED ANNOUNCES COMMON SHARE SALE AND PURCHASE PROGRAMS

 MONTREAL, Sept. 21 /PRNewswire/ -- Alcan Aluminium Limited (NYSE: AL) today announced it is offering common share sale and purchase programs to some of its shareholders. The sale program allows owners of 25 or fewer Common Shares to sell them at market price without paying any brokerage commission. The purchase program allows an owner of less than 100 Common Shares to increase his or her holding to 100 by purchasing additional common shares at market price without paying any brokerage commission.
 The programs are being offered pursuant to the Montreal and Toronto stock exchanges policies on small shareholder selling and purchase arrangements.
 The programs are offered to shareholders of record on Sept. 20, 1993, and will end on November 5, 1993.
 Alcan has developed the programs to assist shareholders in selling or buying small amounts of shares and to reduce the costs for the company associated with administering the large number of small accounts.
 Wood Gundy will act as brokers for the shareholders on the sale and purchase of common shares. Participation is voluntary and the company is not advising shareholders to buy or sell. Information concerning the programs is being mailed to eligible shareholders.
 -0- 09/21/93
 /CONTACT: Charles Belbin of Alcan Aluminium Limited, 514-848-8232/
 (AL)


CO: Alcan Aluminium Limited ST: Quebec IN: MNG SU: OFR

TW -- NY074 -- 4276 09/21/93 15:14 EDT
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Publication:PR Newswire
Date:Sep 21, 1993
Words:226
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