Chris Ayers Elected Executive Vice President of Alcoa, Chief Operating Officer for Alcoa′s Global Primary Products Business

Alcoa (NYSE:  AA)  announced today that its Board of Directors has elected
Chris L. Ayers an Executive Vice President of the Company. Additionally,
Ayers has been named Chief Operating Officer for Alcoa′s Global Primary
Products business, effective immediately.

'Chris has a proven track record for translating operational performance
into sustainable financial outcomes,? said Alcoa Chairman and CEO Klaus
Kleinfeld. 'Since joining Alcoa earlier this year, he has quickly made
his mark as a results-oriented leader.?

Ayers had been Chief Operating Officer, Cast, Forged and Extruded
Products within Alcoa′s Engineered Products and Solutions business. In
this role, he was responsible for the Alcoa Forging and Extrusions,
Alcoa Power and Propulsion and the Alcoa Oil and Gas businesses.

In his new role, Ayers will work to leverage Alcoa Global Primary
Products strategic advantages across the regions in which it operates,
uniting the strengths of the Company′s technical and operating teams to
set new standards in world class performance. He will report to John
Thuestad, Executive Vice President of Alcoa and Group President of Alcoa
Global Primary Products.

'Chris will play an important role in integrating our solid presence in
five strategic regions with our technological leadership in the four
drivers of the Primary business ? mining, refining, smelting and
energy,? Thuestad said.

Alcoa operates 23 aluminum smelters around the globe, nine alumina
refineries and has bauxite assets in Australia, Brazil, Jamaica,
Suriname and Guinea. Alcoa′s global aluminum smelting capacity totals
4.5 million metric tons, and its global alumina capacity totals more
than 18 million metric tons.

Ayers joined Alcoa in February 2010 as Chief Operating Officer, Alcoa
Cast, Forged and Extruded Products, a new position. He was elected a
vice president of Alcoa in April 2010, and executive vice president of
the company in August 2010.

Prior to joining Alcoa, he was President of the Forgings Division of
Precision Castparts Corporation. This unit is composed of two separate
companies: Wyman Gordon Forgings and Special Metals Corporation. When
Ayers led PCC Forgings, this business had $3.5 billion in revenues and
5,500 employees in facilities located in North America, Europe, United
Kingdom, and Australia. He was president of Wyman Gordon Forgings from
2004?2006.

Ayers began his career with United Technologies Corporation, working in
a number of assignments in its Pratt & Whitney business. Later, he
joined PCC Airfoils, Inc., a manufacturer of airfoil castings for the
aerospace and industrial gas turbine industry, where he was Vice
President/General Manager of facilities in Cleveland, Ohio. He was also
the Managing Director of facilities located in both Leeds and Leicester,
England. Ayers joined Precision Castparts in 1999.

He is a member of the board of directors of Universal Stainless & Alloy
Products, Inc., a manufacturer and marketer of a range of semi-finished
and finished specialty steels, including stainless steel, tool steel and
other alloyed steels

Ayers is a graduate of the Georgia Institute of Technology, where he
received a bachelor′s and master′s degree in aerospace engineering. He
obtained an MBA degree from the University of Connecticut.

About Alcoa

Alcoa is the world′s leading producer of primary
aluminum, fabricated aluminum and alumina. In addition to inventing the
modern-day aluminum industry, Alcoa innovation has been behind major
milestones in the aerospace, automotive, packaging, building and
construction, commercial transportation, consumer electronics and
industrial markets over the past 120 years. Among the solutions Alcoa
markets are flat-rolled products, hard alloy extrusions, and forgings,
as well as Alcoa ® wheels, fastening systems, precision and investment
castings, and building systems in addition to its expertise in other
light metals such as titanium and nickel-based super alloys.
Sustainability is an integral part of Alcoa′s operating practices and
the product design and engineering it provides to customers. Alcoa has
been a member of the Dow Jones Sustainability Index for eight
consecutive years and approximately 75 percent of all of the aluminum
ever produced since 1888 is still in active use today. Alcoa employs
approximately 59,000 people in 31 countries across the world. More
information can be found at www.alcoa.com.

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Alcoa

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