Alcoa Employees Prepare to Volunteer During October for Worldwide Month of Service

In October, Alcoa′s global workforce will participate in more than 650
service projects across 24 countries through its sixth annual Worldwide
Month of Service initiative that mobilizes employees to make a
difference in their local communities.

Alcoa employees, retirees, families and friends will plant trees,
beautify parks and schools, prepare meals for the underserved, donate
blood and encourage literacy.

To bolster the impact of the company′s volunteer service, 11 Alcoa
executives will surprise 11 nonprofit organizations around the world
with a $10,000 Alcoa Foundation grant at their service event. A total of
$110,000 will be donated during Month of Service. Alcoa Foundation also
will host the 'Spirit of Volunteering? photo contest for employees. Five
employees will win a $5,000 grant for the charity of their choice.

'Community service is a core Value at Alcoa,? said Klaus Kleinfeld,
Alcoa Chairman and CEO. 'Month of Service is a time when Alcoans come
together all over the world to give back to their local communities. At
a time that is especially difficult for many people around the world, we
are that much more inspired to engage our employees, nonprofit partners,
families and friends in this special call to community action.?

Last October, a record 49 percent of Alcoa′s global workforce took part
in nearly 1,000 volunteer events, donating their time to nearly 3,000
nonprofit organizations. Alcoa employees, families, neighbors and
community groups reached 59,000 children, served 17,000 meals and
planted 16,000 trees.

Visit Alcoa Foundation′s
Facebook page throughout October to see pictures and videos of
employees, families and friends across the world making a difference in
their communities. For more information on Month of Service visit www.alcoa.com/monthofservice.

Summary of 2011 Month of Service:

• More than 50% of employees across the globe will volunteer
  during Month of Service
  
• More than 650 events are planned
• More than 7,000 hours of service
• 
  Employees will partner with more than 800 nonprofit organizations and
  community groups
  
• More than 45,000 participants, including retirees and members
  of the community will give back to their communities
  
• 
  More than 8,500 trees will be planted
  

Regional Highlights of Alcoa′s 2011 Month of
Service:

North America

• 
  In the United States, nearly 8,000 Alcoa employees are planning to
  tackle more than 200 community service projects. They will prepare
  meals for the homeless, host blood drives, paint schools, beautify
  parks, build wheelchair ramps and participate in cause-related
  walkathons for charities.
  
• 
  More than 58% of Canada′s workforce will serve meals at a soup
  kitchen, host food drives and fundraise for the United Way.
  

Asia

• 
  In China, 44% of Alcoans will green the environment by planting 2,000
  trees. They will also host a fair for a local home for the elderly and
  organize an energy efficiency workshop to share more about protecting
  the environment.
  
• 
  In Japan, 37% of employees will participate in a blood drive and
  restore a wooden path at a local forest so that visitors can enjoy the
  landscape.
  

Australia

• 
  In Australia, more than 2,000 employees will participate in 100
  service projects to beautify schools, clean-up parks, host a workshop
  around mental health, plant trees and raise funds for local charities.
  

Europe

• 
  More than 1,000 employees in Hungary will volunteer to paint and plant
  flowers at local schools, redesign a garden for people with special
  needs, host a clothing drive for underserved youth and care for
  animals at a shelter
  
• 
  In Italy, 68% of employees will renovate a youth center and beautify a
  playground and garden at a local school.
  
• 
  In Spain, 54% of Alcoa employees will conduct CPR training for
  community sports clubs, prepare meals and play games with people with
  disabilities, clean-up rivers and restore a community fountain.
  

Russia

• 
  In Russia, more than 3,000 employees will undertake landscaping and
  beautification projects at schools, clean-up waterways, participate in
  a concert to honor veterans, collect books for libraries and donate
  medical equipment for people with special needs.
  

South America

• 
  In Brazil, more than 3,000 employees will participate in more than 70
  service projectsincluding sharing the importance of recycling
  with students and helping them build recycling bins, planting trees
  and hosting events for the elderly and youth.
  

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.

About Alcoa

Alcoa (NYSE:AA) is the world′s leading producer of primary and
fabricated aluminum, as well as the world′s largest miner of bauxite and
refiner of 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 10 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.

Alcoa Foundation

Nacema Blake, 212-836-2825

Nacema.blake@alcoa.com