Alloy 693 forms multi-modal distribution of γ′ precipitates within γ matrix during isothermal and non-isothermal annealing. Lattice parameter determination of γ- and γ′- phases on the basis of neutron diffraction data of bulk samples. Precipitation of an α-phase during prolonged ageing. Lattice contraction of γ- and γ′- phases during the precipitation of α-phase.