<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 13, 1998
--------------
Alumax Inc.
-----------------------------------------------------------
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 1-12374 13-2762395
- -------------------------------------------------------------------------------
(STATE OR OTHER (COMMISSION (IRS EMPLOYER
JURISDICTION FILE NUMBER) IDENTIFICATION NO.)
OF INCORPORATION)
3424 Peachtree Road, NE., Suite 2100, Atlanta, GA 30326
- -------------------------------------------------------------------------------
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's Telephone Number, Including Area Code: (404) 846-4600
--------------
---------------------------------------------------------------------
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT.)
Page 1 of 2 Total Pages
<PAGE> 2
Item 5. Other Events.
On March 13, 1998, Alumax Inc. ("Alumax" or the "Company") announced that
the Board of Directors of the Company has determined to redeem the rights
granted under its Rights Agreement, originally approved in February 1996. Each
share of Alumax common stock represents one right. The rights will be
redeemed effective March 18, 1998, and shareholders of record on that date will
be paid $0.01 per right on or about March 30, 1998. Alumax believes that such
payment will be treated as a dividend payment on Alumax common stock for
federal income tax purposes.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Alumax Inc.
By:/s/ Helen M. Feeney
-------------------
Helen M. Feeney
Vice President & Corporate Secretary
Date: March 13, 1998
-2-
