Alcoa Foundation Honors Pittsburgh Native Bill O'Rourke with $50,000 Donation to Duquesne University

Alcoa Foundation has announced a $50,000 grant to Duquesne University′s
MBA Sustainabilityprogram to establish the Bill O′Rourke Alcoa
Corporate Sustainability Fellowship. The fellowship honors O′Rourke,
Vice President, Sustainability, Environment, Health and Safety, who will
retire from the company on August 31. O′Rourke will continue to serve on
the Alcoa Foundation Board of Directors.

O′Rourke joined Alcoa in 1975, shortly after he graduated from the
Duquesne University School of Law. He held numerous leadership roles
during his career with the Company including, Vice President of Global
Business Services and Chief Information Officer, Vice President of Audit
and head of corporate staff services, including financial shared
services, procurement and other administrative services. He also held
positions in Alcoa′s legal department as an assistant officer, corporate
patent counsel and as assistant general counsel.

'Bill promoted the highest standards in his work, demonstrated
outstanding leadership and has been committed to community service and a
champion of sustainability throughout his tenure with the company,? said
Paula Davis, President, Alcoa Foundation. 'It is a privilege to
recognize his legacy by supporting the next generation of sustainability
leaders.?

A $10,000 fellowship to help finance an MBA in Sustainability will be
granted to one graduate student per year over the next five years. The
program is an intensive 12-month, full-time program designed to meet the
demand for next-generation leaders who understand how planned growth,
ethics, community and the environment impact business strategy, value
creation and shareholder return. Fellowship recipients will conduct
research and share knowledge on emerging challenges relative to the
ethical management of social, environmental and financial resources.

'Alcoa has been a valued partner since the beginning of our MBA
Sustainability program in 2007,? said Dr. Alan Miciak, dean of the
Palumbo Donahue School of Business. 'The O′Rourke Alcoa Fellowship
continues our partnership to advance sustainable business thinking and
practice.?

Duquesne is ranked 18 in the world and second among schools of its size
by the Aspen Institute for integration of sustainability content into
its academic programs. In addition, the MBA Sustainability faculty won
the inaugural Page Prize for the best U.S. sustainability curriculum.

Admission to each year′s cohort is highly selective, with students from
around the world competing for only 25-35 positions. Since its launch in
fall 2007, more than half of each class has been composed of students
from beyond the Pittsburgh region including 19 states, the District of
Columbia, China, India, France and Korea.

About Alcoa Foundation

Alcoa Foundation is one of the largest corporate foundations in the
U.S., with assets of approximately US$436 million. Founded more than 50
years ago, Alcoa Foundation has invested more than US$530 million since
1952. In 2010, Alcoa Foundation contributed nearly US$20 million to
nonprofit organizations throughout the world, focusing on promoting
environmental stewardship, enabling economic and social sustainability,
and preparing tomorrow′s leaders through education and learning. The
work of Alcoa Foundation is further enhanced by Alcoa′s thousands of
employee volunteers, who in 2010 gave more than 720,000 service
hours.  Through the company′s signature Month of Service (October)
program, Alcoa (NYSE:AA) employees share their energy, passion and
purpose to make a difference in our communities. In 2010, a record 49
percent of Alcoans took part in nearly 1,000 Month of Service events
across 24 countries, reaching 59,000 children, serving 17,000 meals,
planting 16,000 trees and supporting 3,000 nonprofit organizations. For
more information about Alcoa Foundation, please access www.alcoa.com/foundation.

Duquesne University

Founded in 1878, Duquesne is consistently ranked among the nation's top
Catholic universities for its award-winning faculty and tradition of
academic excellence. The University is nationally ranked by U.S. News
and World Report and the Princeton Review for its rich
academic programs in 10 schools of study for 10,000-plus graduate and
undergraduate students, and by the Washington Monthly for service
and contributing to students′ social mobility. Duquesne is a member of
the U.S. President′s Higher Education Community Service Honor Roll with
Distinction for its contributions to Pittsburgh and communities around
the globe. The U.S. Environmental Protection Agency and the Princeton
Review′s Guide to Green Colleges acknowledge Duquesne′s commitment
to sustainability.

Alcoa Foundation

Nacema Blake, 212-836-2825

Nacema.blake@alcoa.com