ATLANTA – March 2, 2005 – Novelis Inc. (NYSE: NVL ; TSX) today issues the following note to financial media regarding fourth quarter and 2004 results:

Novelis executives will discuss the company's performance during a conference call today with financial analysts beginning at 8:00 a.m. ET. Reporters are invited to listen to the call. To access the call, U.S. callers should dial (800) 329-9097. International callers should dial (617) 614-4929, passcode for both numbers is 50872234. Beginning at 10:00 a.m. ET today, a replay of the presentation will be available until midnight on Wednesday, March 9, 2005. To access the replay, U.S. callers should dial 888-286-8010, international callers should call 617-801-6888. The access code for U.S. and International is 78039296.

The conference call will also be webcast on the Novelis Investor Relations website at www.novelis.com. A presentation will be available during the webcast and a downloadable version will be accessible on the Novelis website.

Novelis, which was spun-off by Alcan effective Jan. 6, 2005, is the global leader in aluminum rolled products and aluminum can recycling. Novelis has 37 operating facilities in 12 countries and more than 13,500 dedicated employees. Novelis has the unparalleled capability to provide its customers with a regional supply of high-end rolled aluminum products throughout Asia, Europe, North America, and South America. Through its advanced production capabilities, Novelis supplies aluminum sheet and foil to the automotive and transportation, beverage and food packaging, construction and industrial, and printing markets. For more information on the company, visit www.novelis.com.

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Media Contact:
Jennifer Dervin
404-814-4208


Investor Contact:
Holly Ash
404-814-4212