Insider: Pierre Arseneault

Issuer Name: Novelis Inc.

Filing Date	Transaction Date	Ownership Type	Securities	Nature of transaction	Volume	Unit cost	Closing Balance
2005011818 Jan, 05	2005010606 Jan, 05	Direct Ownership :	Options (Common Shares)	00 - Opening Balance-Initial SEDI Report	0	0	0
2005011818 Jan, 05	2005011111 Jan, 05	Direct Ownership :	Options (Common Shares)	36 - Conversion or exchange	89,032	0	89,032
Filing Date	Transaction Date	Ownership Type	Securities	Nature of transaction	Volume	Unit cost	Closing Balance

Issuer Name: Alcan Inc.

Filing Date	Transaction Date	Ownership Type	Securities	Nature of transaction	Volume	Unit cost	Closing Balance
2005011818 Jan, 05	2005011111 Jan, 05	Direct Ownership :	Options B, C, D, E, & F (Common Shares)	36 - Conversion or exchange	-44,866	0	0
2004111919 Nov, 04	2003121616 Dec, 03	Direct Ownership :	Common Shares	00 - Opening Balance-Initial SEDI Report	0	0	0
2004111919 Nov, 04	2004111717 Nov, 04	Direct Ownership :	Common Shares	30 - Acquisition or disposition under a purchase/ownership plan	2,667	46.6	2,667
2004111919 Nov, 04	2004111717 Nov, 04	Direct Ownership :	Common Shares	30 - Acquisition or disposition under a purchase/ownership plan	8,467	38.82	11,134
2004111919 Nov, 04	2004111717 Nov, 04	Direct Ownership :	Common Shares	10 - Acquisition or disposition in the public market	-8,000	51.85	3,134
2004111919 Nov, 04	2004111717 Nov, 04	Direct Ownership :	Common Shares	10 - Acquisition or disposition in the public market	-3,134	51.98	0
2004111919 Nov, 04	2004111717 Nov, 04	Direct Ownership :	Options B, C, D, E, & F (Common Shares)	51 - Exercise of options	-2,667	46.6	53,333
2004111919 Nov, 04	2004111717 Nov, 04	Direct Ownership :	Options B, C, D, E, & F (Common Shares)	51 - Exercise of options	-8,467	38.82	44,866
2004111919 Nov, 04	2004111818 Nov, 04	Direct Ownership :	Options B, C, D, E, & F (Common Shares)	51 - Exercise of options	-2,667	46.6	0
2004111919 Nov, 04	2004111818 Nov, 04	Direct Ownership :	Options B, C, D, E, & F (Common Shares)	51 - Exercise of options	-8,467	38.82	0
2004092424 Sep, 04	2004092222 Sep, 04	Direct Ownership :	Options B, C, D, E, F & Pechiney Options (Common Shares)	50 - Grant of options	23,700	58.15	56,000
2004011616 Jan, 04	2003121616 Dec, 03	Direct Ownership :	Options A, B, C, & D Options (Common Shares)	00 - Opening Balance-Initial SEDI Report	0	0	32,300
2004010808 Jan, 04	2003121616 Dec, 03	Direct Ownership :	Options A, B, C, & D Options (Common Shares)	00 - Opening Balance-Initial SEDI Report	0	0	0
Filing Date	Transaction Date	Ownership Type	Securities	Nature of transaction	Volume	Unit cost	Closing Balance