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Alcoa Appoints Credit Suisse First Boston as Advisor on Sale of Reynolds Assets PITTSBURGH--May 11, 2000--
Alcoa announced today that it has appointed Credit Suisse First Boston
to advise and assist in the sale of assets being divested as a result of
the consent decrees associated with the Reynolds merger. The assets to
be sold are: a 56% interest in the Worsley alumina refinery in
Australia; the Sherwin alumina refinery in Corpus Christi, Texas; a 50%
share in the Stade refinery in Germany; and a share in the Longview
smelter in Washington state.
Joyce A. Saltzman
1 412 553 4467
Randall J. Killeen
1 412 553 2231