Alcoa Foundation Elects Four New Board Members

Alcoa Foundation, one of the largest corporate foundations in the U.S.,
announced today that it has elected four new members to its board
of directors.

• Raymond B. Mitchell,Vice President, Alcoa and
  President, Alcoa Power and Propulsion
  
• Tim D. Myers, President, Alcoa Wheel and Transportation
  Products
  
• William J. O'Rourke, Vice President, Alcoa,
  Sustainability and Environment, Health and Safety
  
• Shannon Parks, Project Leader, Alcoa, Environmental
  Science and Sustainable Technology
  

'We are delighted to further diversify the Alcoa Foundation Board with
leaders who bring a variety of experiences, expertise and networks that
will contribute to our work around the environment and education,? said
Paula Davis, President, Alcoa Foundation. 'Ray, Tim, Bill and Shannon
are dynamic individuals who demonstrate excellence in their respective
fields as well as a profound commitment to their communities. We are
proud that they are joining our Board.?

Biographical information follows:

• Raymond B. Mitchell
  
  Ray Mitchell is Vice President of
  Alcoa and President of Alcoa Power and Propulsion, a global leader in
  airfoil and structural investment castings for the aerospace, defense,
  energy and industrial markets. Its technology-leading products are
  used primarily in jet engines and industrial gas turbines. With 22
  production facilities worldwide, Alcoa Power and Propulsion employs
  approximately 9,000 people. Ray is also a member of Alcoa′s Employee
  Relations Council, a leadership team that provides strategic guidance
  on employee relations matters throughout the company′s U.S. operations.
  
• Tim D. Myers
  
  Tim Myers is President, Alcoa Wheel and
  Transportation Products (AWTP), responsible for forged wheels and
  aluminum structures. This global business serves customers in the
  commercial vehicle, defense and automotive markets with products used
  in a range of applications including forged aluminum wheels, and niche
  products such as Dura-Bright ® and Dura-Flange ® wheels, LvL One? truck
  wheels, Wheel Torque Solutions as well as other aluminum components.
  AWTP has operations in North America, Europe, Russia, South Africa,
  Australia and Japan.
  
• William J. O'Rourke
  
  Bill O′Rourke isVice
  President, Sustainability and Environment, Health and Safety and is
  responsible for corporate EHS functions, remediation EHS services, and
  the Alcoa′s sustainability function. Over his career Bill held a
  number of positions including Vice President of Global Business
  Services, Chief Information Officer, Corporate Patent Counsel and
  President of Alcoa-Russia. Bill will officially retire from Alcoa
  August 31, but will continue his service on the Alcoa Foundation board.
  

• Shannon L. Isovitsch Parks
  
  Shannon Parks, is Project
  Leader, Environmental Science & Sustainable Technologyand
  leads sustainable water research and development projects at the Alcoa
  Technical Center (ATC). Dr. Parks′ current research focuses on the
  development of sustainable water treatment technologies such as
  constructed wetlands and natural media filtration. Over the last three
  years, she has been involved in the development of a Novel Ecological
  Water Treatment (NEWT) system using wetlands and bauxite residue. This
  project won Alcoa′s highest recognition ? an Impact Award ? and is
  currently being deployed in different areas of the world.
  

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 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.

Alcoa Foundation

Nacema Blake, 212-836-2825

Nacema.blake@alcoa.com