Noranda Inc.

Noranda Inc.
Falconbridge Limited

Falconbridge Limited

March 09, 2005 06:10 ET

Noranda And Falconbridge To Hold Conference Call On Proposed Merger


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NORANDA INC.

TSX, NYSE SYMBOL: NRD

AND FALCONBRIDGE LIMITED

TSX SYMBOL: FL

MARCH 9, 2005 - 06:10 ET

Noranda And Falconbridge To Hold Conference Call On
Proposed Merger

TORONTO, ONTARIO--(CCNMatthews - March 9, 2005) - Noranda Inc.
(TSX:NRD)(NYSE:NRD) and Falconbridge Limited (TSX:FL) announced that
they will hold a conference call and webcast today, Wednesday March 9,
2005 at 8:30 a.m. EST, to discuss the proposed merger announced earlier
this morning.

To participate by conference call, dial (416) 641-6449 for local and
overseas and 1-888-740-1975 toll-free in North America at approximately
8:20 a.m. EST.

The live, interactive webcast and slide presentation will be accessible
at www.noranda.com under the "For Investors" section and at
www.falconbridge.com under the "Investor Centre" section. If you are
unable to participate during the live webcast, the call will be archived
on the Noranda and Falconbridge websites.

Noranda Inc. is a leading copper and nickel company with investments in
fully-integrated zinc and aluminum assets. The Company's primary focus
is the identification and development of world-class copper and nickel
mining deposits. It employs 16,000 people at its operations and offices
in 18 countries and is listed on the New York Stock Exchange and the
Toronto Stock Exchange (NRD). The Company's website can be found at
www.noranda.com.

Falconbridge Limited is a leading producer of nickel, copper, cobalt and
platinum group metals. Its common shares are listed on the Toronto Stock
Exchange under the symbol FL. Falconbridge is owned by Noranda Inc. of
Toronto (58.8%) and by other investors (41.2%). The Company's website
can be found at www.falconbridge.com.

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