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PITTSBURGH--April 25, 2000--
Alcoa announced today that it has extended its $57.00 per share cash
tender offer for all of the issued and outstanding shares of Cordant
Technologies Inc. The tender offer, as extended, will expire at 5:00
p.m. Eastern Daylight Savings Time on Friday, May 19, 2000. As of the
close of business on April 24, 2000, the number of shares of Cordant
common stock that had been validly tendered was 33,169,088, including
guaranteed deliveries. Alcoa noted that it submitted the required
antitrust notification to the European Commission on April 11, 2000 and
received notice from the EC that the waiting period will expire on May
19, 2000, unless extended.
Alcoa (NYSE: AA)
Cordant Technologies (NYSE: CDD)
Joyce A. Saltzman
Randall J. Killeen