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March 2, 2004

Alcoa to Hold Financial Analyst Meeting Tomorrow

PITTSBURGH--(BUSINESS WIRE)--March 2, 2004--Alcoa (NYSE:AA) will host a Financial Analysts Meeting tomorrow, March 3, 2004, in New York City. The half-day meeting is designed to provide an update on Alcoa's North American downstream portfolio, particularly the transportation, can sheet, packaging, rolling and extrusions businesses. Presenters will highlight the key trends and differentiators of the businesses within markets, and discuss strategies to improve margins and drive organic growth.

Presentation will be given by:

-- Alain Belda, Chairman and CEO

-- William Christopher, Executive Vice President and Group President, Automotive, Aerospace and Commercial Transportation

-- Mike Coleman, President, Rigid Packaging Division and Vice President Alcoa Business System and Quality

-- William Leahey, Executive Vice President and Group President, Packaging, Consumer, Construction and Distribution

-- Paul Thomas, Vice President, Alcoa and Group President, North American Fabricated Products

The meeting will be webcast with audio support on the Invest page of alcoa.com, but it will not be available via conference call hookup. Presentation materials used during the meeting will be available for viewing via www.alcoa.com starting at 8:15 a.m. ET tomorrow. Media interested in attending should contact Alcoa's press office.