Binswanger Arranges Sale of Former Wheaton Industries Property in Millville, New Jersey.

PHILADELPHIA -- Representing the seller, Alcan Global Pharmaceutical Packaging Inc., Binswanger is pleased to announce the recent sale of a 163,572 sq. ft. facility at 1101 Wheaton Avenue in Millville, New Jersey.

Alcan Global Pharmaceutical Packaging Inc., a world leader in pharmaceutical and medical packaging, was a long time owner of the property. They sold the facility in December 2006 and consolidated their operations in Millville and other New Jersey sites.

The buyer, Millville Investment Group, LLC, is a local investment group who plans on using a portion of the space and leasing the remainder.

Known locally as "The Pentagon," this facility consists of a 68,205 sq. ft. office building and a 95,367 sq. ft. technical center. It features ceiling heights to 24' clear, three overhead steel tailgate doors and a 5,000 sq. ft. auditorium with stage and projection room. It also features a unique stained glass window that Alcan Global Pharmaceutical Packaging Inc. donated to the Wheaton Arts and Cultural Center, which will remain on site.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.

Alcan Inc. (NYSE, TSX:AL) is a leading global materials company, delivering high quality products and services worldwide. With world-class technology and operations in bauxite mining, alumina processing, primary metal smelting, power generation, aluminum fabrication, engineered solutions as well as flexible and specialty packaging, today's Alcan is well positioned to meet and exceed its customers' needs. Alcan is represented by 65,000 employees in 61 countries and regions, and posted revenues of US$20.3 billion in 2005. The Company has featured on the Dow Jones Sustainability World Index consecutively since 2003. For more information, please visit: www.alcan.com.