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December 8, 1998

Roger A. G. Vines Retires From Alcoa; B. Michael Baltzell Named To New Position

PITTSBURGH--December 8, 1998-- Alcoa announced today that Roger A. G. Vines, 62, vice president of Alcoa and managing director of Alcoa of Australia Ltd., will retire in early 1999. The company also announced that B. Michael Baltzell, 49, is named president, Alcoa World Alumina - Australia and managing director of Alcoa of Australia Ltd., effective in early 1999. Mr. Baltzell is currently executive vice president of manufacturing for Alcoa's Primary Metals business unit located in Knoxville, Tennessee. Alcoa World Alumina is a partnership between Alcoa and WMC Ltd.

Biographical information follows:

Roger Vines
Roger Vines has been involved in the growth of Alcoa of Australia from its earliest years, having joined the company as a production engineer at the Pt. Henry plant in 1963. Moving to Western Australia in 1972, he worked at Kwinana and Pinjarra Refineries before relocating to Melbourne - at that time the headquarters of Alcoa of Australia - in 1976. In 1982 after a two year assignment in Massena, N.Y. as general manager Wire Rod & Bar, he returned to Western Australia as general manager of Western Australia Operations, and was then named executive director in 1984. In 1995 he returned to the U.S. as president of the Bauxite & Alumina business unit based in Pittsburgh. In 1996 he was named chairman & managing director of Alcoa of Australia, based initially in Melbourne but then relocating to Perth in 1997 following the closure of the Melbourne office.

In 1993 Mr. Vines' contributions to the communities where he lived and worked was acknowledged when he was named "Western Australian Citizen of the Year for Industry and Commerce." In 1995 he was awarded an Honorary Doctor of Science from Curtin University in Western Australia.

B. Michael Baltzell
Mr. Baltzell joined Alcoa in July 1998 as executive vice president - manufacturing for the Primary Metals business unit following Alcoa's acquisition of Alumax Inc. Prior to joining Alcoa, Mr. Baltzell was president of Alumax Primary Aluminum Corporation, a wholly owned subsidiary of Alumax located in Norcross, Georgia, and has held several senior operating positions during his 27 years with Alumax.

A native of Thurmont, Maryland, Mr. Baltzell received a bachelor of engineering science degree in operations research and industrial engineering from Johns Hopkins University in 1971 and a master of science degree in operations research from George Washington University in 1976. Mr. Baltzell also conducted post graduate studies at Hood College and is a graduate of the University of Michigan Executive Program.