Alcan Investor Workshop

Business Context Margins Expanding With Favourable 2006 Trends Aluminum Currencies CAD AUD Euro-like Input Costs Resins Oil Caustic Coke Gas ©2006 ALCAN INC. 2004 vs. 2003 +21 +7 +12 +9 +18 +33 -14 +10 +12 2005 vs. 2004 % +10 +7 +3 +15 +41 +150 +21 +46 2006 Forecast vs. 2005 +35 +7 -2 +1 ALCAN +15 +19 -4 +2 -22 Slide 5

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