Prepared by E-Services - www.edgar2.com

Exhibit 99.3 Slides of Presentation by Richard B. Evans, Executive Vice President, Alcan Inc.

Forward Looking Statements

Statements made in the course of this presentation which describe the Company's intentions, expectations or predictions may be "forward-looking statements" within the meaning of securities laws. The Company cautions that, by their nature, forward-looking statements involve risk and uncertainty, and actual actions or results could differ materially. Reference should be made to the most recent Form 10-Q and Form 10-K for a summary of major risk factors. In addition, certain non-GAAP measures are used which are reconciled to the comparable GAAP measures herein or on the Company's website at www.alcan.com in the "Investors" section.

Slide 2

Total Assets by Business Group

© 2005 ALCAN INC.		Slide 3

Net Investment by Business Group 2004 and 1H 2005

Investments in line with assets; except B&A

Business Group	Investments			Divestments*		Net Change
*US$M (unless otherwise stated)*	Capex	Acquisitions			NBV
	$	No.	$	No.	$	$
Bauxite and Alumina	562	-	-	1	(50)	512
Primary Metal	608	1	110	2	(218)	500
Engineered Products	234	-	-	1	(4)	230
Packaging	478	3	25	5	(29)	474
TOTAL	1,882		135		(301)	1,716

*Excludes PWT divestments.

Slide 4

Strategic Operating Business Model

© 2005 ALCAN INC.		Slide 5

Key Drivers and Metrics

Differ between upstream and downstream businesses

© 2005 ALCAN INC.		Slide 6

Simple Measurable Operating Targets

	Revenues per $ of assets *	Metrics	2009 Targets
Bauxite and Alumina	$0.80	Relative cost position	50% in first quartile; 75% in lower half
Primary Metal	$0.85	Relative cost position	55% in first quartile; 80% in lower half
Engineered Products	$1.45	% BGP margin	10%
Packaging	$0.80	% BGP margin	15%

* Third-party and intercompany revenues

Slide 7


© 2005 ALCAN INC.	Slide 8