Alcoa Receives Two Awards for Aluminum Excellence

Alcoa (NYSE:AA) was recognized with two awards for aluminum excellence
yesterday at the American Metal Market 2^nd Annual Aluminum
Summit held in New York.

Alcoa was the recipient of an Innovation Award for its next-generation
of aluminum-lithium alloys for the aerospace industry. The award was
accepted by Eric Roegner, President of Alcoa Forgings and Extrusions,
and Mark Vrablec, President of Alcoa Aerospace, Transportation and
Industrial Products. Together, Roegner and Vrablec oversee Alcoa
businesses serving the aerospace structures and propulsion market.

'Aluminum-lithium alloys are winning over composites, titanium and
legacy alloys in the aerospace industry,' said Roegner. 'Customer demand
for aluminum-lithium alloys has led to the development of a new
state-of-the-art facility next to our plant in Lafayette, Indiana. This
site will add 20,000 tons of capacity to our network that will produce
the largest, highest purity aluminum-lithium ingots in the world.
Expansions are also planned for our Kitts Green plant in the UK and at
Alcoa Technical Center near Pittsburgh, which will collectively increase
aluminum-lithium capacity by 30 percent,' added Roegner.

'Our new alloys have completely changed the playing field in the
aerospace wing and fuselage structures market and are helping our
customer′s customers save fuel, and our direct customers save in the
production phase and eliminate production risk,? said Vrablec.

In addition to the innovation award, Alcoa Vice President and Chief
Sustainability Officer Kevin Anton was honored with the Charles Martin
Hall Award as Aluminum Ambassador/Advocate of the Year for his efforts
to promote sustainability for Alcoa and the U.S. Aluminum Association
trade organization. He was also recognized for his leadership in
convening the first-ever Action
to Accelerate Recycling Summit held earlier this year in Dallas,
where more than 90 leaders representing nearly all of the packaging and
beverage industries in the U.S. collaborated on a plan to drive higher
recycling rates.

'Sustainability is at the core of Alcoa, and aluminum has the
distinction of being infinitely recyclable,' said Anton. 'I am
privileged to receive this award for our sustainability efforts
involving this miracle metal.'

It is the inaugural year for the American Metal Market Awards for
Aluminum Excellence Program, which recognizes the most innovative
companies in the field across multiple categories. Winners are selected
by a judging panel made up of leaders in the aluminum industry.

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 ten consecutive years and approximately
75 percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 61,000 people in 31
countries across the world. More information can be found at www.alcoa.com.

Alcoa

Investor Contact

Kelly Pasterick, 212-836-2674

or

Media
Contact

Libby Archell, 212-836-2719