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PITTSBURGH, Pa.--September 25, 2000--
Alcoa announced today that it will immediately begin repurchasing stock
under its previously authorized stock repurchase program. Alcoa has
approximately 868 million shares outstanding.
The company from time to time buys back shares of its outstanding common
stock with open-market purchases. The stock will be used for employee
benefit plans and general corporate purposes.
Bonita A. Cersosimo
Charles D. McLane