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                                                                  EXHIBIT 10.1.5
                                                                     Page 1 of 4



                          ALCAN PENSION PLAN (CANADA)

                          SCHEDULE OF AMENDMENTS 96-1

1.       In Subsection 4.03 insert the following new paragraph (g):

         "(g)    For the determination of the Number of Points of a Member who,
                 on 30 June 1996, is contributing to the Plan, or is on an
                 authorized leave of absence (with the exception of (i) a
                 Member in receipt of a Disability Pension whose commencement
                 date of his permanent disability is on or after 1 January 1992
                 or (ii) a Member who is a transferred employee under the terms
                 of an agreement relating to the sale of a business of a
                 Participating Company which closing date is on or before 30
                 June 1996, as determined by the Administrator),  or is a
                 Suspended Member in accordance with subsection 4.05, a number
                 of years in accordance with the following:

                 (i)      5 years, if such Member had attained the age of 55 or
                          had completed 30 years of Credited Service at 1
                          January 1996;

                 (ii)     4 years, if such Member had not met the conditions in
                          (i) at 1 January 1996 but had attained the age of 50
                          or had completed 25 years of Credited Service;

                 (iii)    3 years, if such Member had not met the conditions in
                          (i) and (ii) at 1 January 1996 but had attained the
                          age of 45 or had completed 20 years of Credited
                          Service;

                 (iv)     2 years, if such Member had not met any of the
                          conditions above."

2.       In subsection 8.02:

         2.1     Replace the first sentence of paragraph (c) by the following
           sentence:

                 "(c)     A Member whose Early Retirement Date occurs on or
                          after his attainment of the age of 60 and whose
                          Number of Points is equal to at least 75 at that
                          Date, or whose Early Retirement Date occurs before
                          his attainment of the age of 60 and whose Number of
                          Points is equal to at least 90 at that Date, and who
                          is

                          (i)     contributing to the Plan at his Early
                                  Retirement Date, or

                          (ii)    on an authorized leave of absence without pay
                                  and in receipt of an Approved Disability
                                  Benefit at that date other than a Disability
                                  Pension under the Plan in respect of a Member
                                  whose commencement date of his permanent
                                  disability is on or after 1 January 1992

                          is entitled to a bridge benefit in addition to his
                          retirement pension."

         2.2     Replace "$200" in paragraph  (c) by "$250".

         2.3     Delete paragraph (d).





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                                                                  EXHIBIT 10.1.5
                                                                     Page 2 of 4


3.       In subsection 8.03:

         3.1     Add the words "and the amount of the bridge benefit is
                 determined in accordance with subsection 8.02 (c)" at the end
                 of the third paragraph.

         3.2     delete the fourth paragraph.

This schedule of amendments is effective 1 July 1996.





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                                                                  EXHIBIT 10.1.5
                                                                     Page 3 of 4




                          ALCAN PENSION PLAN (CANADA)

                          SCHEDULE OF AMENDMENTS 96-2


1.       In paragraph 3.07 (ii)(a) the words "Section 14" are replaced by the
         words "Sections 8 and 14".

2.       The following paragraph is added at the end of subsection 8.02(b):

         "Notwithstanding the above, the early retirement factor is 100% if the
         Member meets the following conditions at Early Retirement Date:

                 (i)      his Number of Points equals 90 or more or his Number
                          of Points is 75 and he is age 60 or over ; and

                 (ii)     he is in receipt of an Approved Disability Benefit
                          which is fully integrated with this early retirement
                          pension and the bridge benefit described hereafter.

         The Member on a leave of absence without pay who is in receipt of an
         Approved Disability Benefit, stops accruing Credited Service upon
         meeting the above conditions"

This Schedule of Amendments is effective 1 November 1996.





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                                                                  EXHIBIT 10.1.5
                                                                     Page 4 of 4



                          ALCAN PENSION PLAN (CANADA)

                          SCHEDULE OF AMENDMENTS 96-3


The purpose of this Schedule of Amendments is to make certain modifications to
the Plan at the request of Revenue Canada.

1.       In subsection 2.07, the word "practitioner" is replaced by the word
         "doctor".

2.       In paragraph 5.01, the word "deductible" in the last sentence is
         deleted.

3.       In subsection 14.06, the words "augmented by the augmentation
         percentage applied to his Disability Pension at that Date" at the end
         are deleted and the following sentence is added:  "The Augmentation
         percentage applied to his Disability Pension at that date will
         continue to apply to the retirement pension."

4.       In subsection 19.04, the following paragraph is added at the end:

         (7)     The compounded Augmentation Factor under this and any previous
                 augmentation granted from Pension Commencement Date,
                 multiplied by the retirement pension payable for a particular
                 month on or after the effective date of this augmentation,
                 plus any other pension increase which may have been granted in
                 previous schedules of amendments, cannot exceed the maximum
                 pension augmented with increases of the Consumer Price Index
                 as determined  by Revenue Rules.

Paragraphs 1, 2 and 3 are effective 1 January 1992 and paragraph 4 is effective
1 January 1996.





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