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June 7, 2004

Alcoa Mill Products Opens Aerospace Service Center in China

CHICAGO--(BUSINESS WIRE)--June 7, 2004--Alcoa (NYSE:AA) today announced that its Alcoa Mill Products business has opened the Alcoa Aerospace Center (AAC) Shanghai, which will supply aerospace material with value-added services to aerospace customers in China and the Asia Pacific region.

AAC Shanghai expands on the series of service centers Alcoa has established in Europe and North America to support Alcoa's aerospace customers. It will be capable of providing just-in-time deliveries, exact quantities and value-added services such as cut-to-size, kitting, and other processing services requested by customers. AAC Shanghai will be housed in the 40,000 sq. ft. (3,716 sq. meters) Alcoa Warehouse Services Shanghai Limited facility located in the Wai Gao Qiao Free Trade Zone area near Shanghai, China.

Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. The company has 120,000 employees in 41 countries and has been a member of the Dow Jones Industrial Average for 45 years and the Dow Jones Sustainability Indexes since 2001.