BC00 Ebrd 29

RNS Number:2649S
Inco Ld
1 March 2002


                         INCO LIMITED ANNOUNCES CHANGE
                      IN CHIEF FINANCIAL OFFICER POSITION

Toronto, February 27, 2002. Inco Limited announced today the appointment of 
Farokh S. Hakimi as Executive Vice-President and Chief Financial Officer.                                               

Mr. Hakimi replaces George C. Halatsis who has resigned as Executive 
Vice-President and Chief Financial Officer to assume a position with another 
firm.

Mr. Hakimi joined Inco in January 2002 as a consultant focusing on strategic 
planning and related areas. He previously was Vice-President and Chief Financial 
Officer of Rio Algom Limited from January 2000 to July 2001. He also held a 
number of senior financial positions at Cyprus Amax Minerals Company between 
1986 and 1999, including Vice-President and Treasurer.

"We are fortunate to have someone with Farokh's background and experience as a 
chief financial officer in the global metals and mining business to assume the 
CFO role at Inco," said Scott Hand, Deputy Chairman and CEO. "Farokh has gained 
a good understanding of Inco and the transition should be seamless".

"We appreciate the contributions George has made, including strengthening the 
company's financial position," said Mr. Hand. "We wish him our best in his new 
employment."

Inco's financial management team will continue to include Ron Lehtovaara, who 
has served as Vice-President and Comptroller since 1996, Don Hurley, as 
Vice-President and Treasurer, a position he has held since 1998, and Gary 
Kaiway, as Vice-President, Tax, who joined the company in 2001.



For further information:

     Investor Relations:     Sandra Scott   (416) 361-7758 
     Media Relations:        Steve Mitchell (416) 361-7950 
     or: www.inco.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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