Alcan’s Board Recommends Shareholders Reject Alcoa’s Acquisition Offer

Evans concluded, “Despite this unsolicited action by our closest competitor, we are extremely proud that our employees have responded positively by remaining fully focused on the tasks at hand - delivering outstanding products and services to our valued customers around the world. As we continue to move ahead, Alcan will remain true to its commitment to creating value for shareholders through a clear and successful strategy based on its core values.”