November 2, 2006

Alcoa Fastening Systems Names Pete George Vice President of Aerospace Operations, North America and Europe

Torrance, California…. Alcoa Fastening Systems (AFS) recently announced that Pete George has been named Vice President of Aerospace Operations, North America and Europe. George, who joined AFS in September 2004 as COO, AFS Europe Aerospace Operations, will remain based at AFS’ Cergy, France European headquarters.

“Pete’s background includes a wealth of experience in the management of global aerospace operations”, said Olivier Jarrault, AFS President. “In the past twelve months, his operational leadership has been a key factor in the improvement of AFS Europe Aerospace service levels with Airbus and the increased rate of returns of the AFS European Aerospace division.”

Prior to joining AFS, George worked for the Boeing Company for twenty-five years, and held senior positions in project management, quality, continuous improvement and operational management.

Alcoa Fastening Systems, a business unit of Alcoa, is a leading worldwide designer and manufacturer of fastening systems, specialty fasteners, components, and installation systems for aerospace and commercial product assembly. Headquartered in Torrance, California, the company has 6,000 employees, and manufactures at 26 locations in 7 countries.

Alcoa is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 131,000 employees in 43 countries and has been a member of the Dow Jones Industrial Average for 45 years and the Dow Jones Sustainability Indexes since 2001. More information can be found at www.alcoa.com

For more information about Alcoa Fastening Systems, visit www.alcoafasteners.com. For information about its complete line of Aerospace Products, please contact Ms. Anne Brown, Manager, Global Marketing Communications, Tel: 1 714 449 4374; Fax: 1714 278 8726; e-mail: anne.brown@alcoa.com.