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US$1 Million Alcan Prize for Sustainability Awarded to Pakistan's Aga Khan Planning and Building Services

Montreal, Canada (ots/PRNewswire)

Alcan Inc. (NYSE, TSX: AL) and
the Prince of Wales International Business Leaders Forum (IBLF) are
pleased to announce that the US$1 million 2005 Alcan Prize for
Sustainability is awarded to the Aga Khan Planning and Building
Services Pakistan (AKPBSP) for its efforts to improve Pakistan's
urban infrastructure, including water and sanitation facilities.
"The AKPBSP embodies a tangible commitment to sustainability and
is a more than a worthy recipient of the Alcan Prize, designed to
recognise the shared interest both business and NGO's have in working
together to make for a better, more sustainable world," said Travis
Engen, President and Chief Executive Officer of Alcan Inc. "At Alcan,
this translates into addressing the social, economic, and
environmental interests of all of the communities in which we
operate."
Founded in 1980, AKPBS works to alleviate poverty in a sustainable
manner, by enhancing the existing urban infrastructure of some of
Pakistan's most disadvantaged communities. Its efforts include
village planning, natural hazard mitigation, and other
quality-of-life issues, such as sanitation and potable water. A
strong area of focus for the organisation is the development of
technologies related to earthquake resistant buildings and green
energy sources in village planning and design.
The Alcan Prize is managed by a third-party, the IBLF, to ensure
credibility and objectivity. "AKPBS has demonstrated a significant
track record in Pakistan through its innovative work in improving
living conditions and the environment for the most disadvantaged
people in both urban and rural communities," said Robert Davies, IBLF
Chief Executive Officer.
The Alcan Prize Adjudication Panel received the AKPBS' entry in
March and over the course of its assessment was impressed by the
organisation's grassroots approach and sustainable impact on
environmental, economic, social and cultural issues and the global
relevance of its work.
Asif Merchant, Chief Executive Officer of Aga Khan Planning and
Building Services, said, "The Alcan Prize will help us refocus
international attention on the urgent need to rebuild communities
devastated by the October 8, 2005 earthquake that struck northern
Pakistan, and develop more sustainable villages for the future. Not
only is the Alcan Prize a very welcome source of new funds at a
critical time, it is also a vote of confidence from some of the
world's leaders in sustainability."
The Adjudication Panel also awarded Alcan Grants to five of the 10
finalists. Worth US$15,000 each, these grants enable a senior staff
member from each of the recipient organisations to participate in a
one-year, part-time Postgraduate Certificate in Cross Sector
Partnership accredited by the University of Cambridge.
Alcan Grant winners for 2005 are:
  • Bioplaneta, Mexico City, Mexico
  • Rainforest Alliance, New York, U.S.A.
  • Magic Bus, Mumbai, India
  • Roundabout Outdoor, Johannesburg, S.A.
  • Oasis Association, Claremont, S.A.
Alcan is a multinational, market-driven company and a global
leader in aluminium and packaging. With world-class operations in
primary aluminium, fabricated aluminium as well as flexible and
specialty packaging, aerospace applications, bauxite mining and
alumina processing, today's Alcan is well positioned to meet and
exceed its customers' needs for innovative solutions and service.
Alcan employs almost 70,000 people and has operating facilities in 55
countries and regions.

Contact:

Media Contact: Anik Michaud, +1-514-848-8151,
media.relations@alcan.com; Alcan Prize for Sustainability Contact:
Leesa Muirhead, +44-7901-510-701, alcanprize@iblf.org; Investor
Contact: Corey Copeland, +1-514-848-8368,
investor.relations@alcan.com; AKPBS Media Contact: Semin Abdulla,
+33-3-44-58-40-00; To request a free copy of this organisation's
annual report, please go to http://www.newswire.ca and click on
reports@cnw

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