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June 23, 2004

Alcoa Consumer Products Takes Home the Grand Prix with Reynolds Release Non-Stick Grill Foil

MONTREAL--(BUSINESS WIRE)--June 23, 2004--The Canadian Council of Grocery Distributors (CCGD) selected Reynolds(R) Release(TM) Non-Stick Grill Foil as the winner and best new product in the Paper, Plastics and Foil Category during its 11th annual Canadian Grand Prix New Product Awards (year 2003-2004) program held recently in Banff, Alberta, Canada.

The Canadian Grand Prix New Product Awards(TM) (CGPNPA) celebrates advancement and excellence in new food industry products, to further encourage manufacturer innovation and to profile continued value to consumers. Products receiving the award are considered to be the benchmark for excellence and innovation, and since the first set of awards was handed out over a decade ago, an impressive number of Grand Prix winners can still be found on the market today.

Alcoa Consumer Products, a business of Alcoa Inc., is proud of the recognition for this innovative product. Reynolds(R) Release(TM) Non-Stick Grill Foil is individual sheets of extra heavy duty foil that are perforated and coated with a special food-safe non-stick finish. They are essential for making grilling easier and for no-mess clean ups:

-- No need to use messy non-stick cooking sprays - food won't stick to Release Grill Foil sheets.

-- Each sheet efficiently covers the grilling surface and helps keep the grill clean.

-- Prevent food from falling in between the grill racks.

-- The perforations allow for the full grilled flavour to be absorbed into the food while the fat drains away.

The Canadian Council of Grocery Distributors (CCGD) is a non-profit organization dedicated to advancing and promoting the interests of the grocery distribution industry across Canada. CCGD members represent more than 80% of grocery distribution in Canada and include large and small retail and wholesale operations, foodservice distributors as well as allied members, who provide support services to CCGD members.

Alcoa Consumer Products is a global leader in the consumer packaged goods industry, supplying high quality and trusted foil, film and paper products to the retail and foodservice sectors. Within Alcoa Consumer Products, there are four businesses that globally manufacture and market branded and private label products. Reynolds Consumer Products is home to many well-recognized brands such as Reynolds Wrap(R) Aluminum Foil, Reynolds(R) Plastic Wrap and Reynolds(R) Cut-Rite(R) Wax Paper. Other businesses include Presto Products Company, a major supplier of products ranging from private label food and disposable bags to packaging closures to soil stabilization materials, Baco Consumer Products, the leading supplier of household wraps and bags in the U.K., and Reyco, a South American manufacturer and marketer of consumer and foodservice packaging products.

Alcoa Inc. is the world's leading producer of primary aluminum, fabricated aluminum and alumina. Alcoa employs over 120,000 people in 41 countries and achieved total revenues of $21.5 billion (USD) in 2003. In Canada, the company employs over 6,000 people and operates out of 27 locations, 22 of which are situated in Quebec and Ontario. Together, all of the Canadian locations manufacture components and/or products for the following industries: primary metals (Alcoa Canada Primary Metals), aerospace (Howmet Castings), consumer packaged goods (Reynolds) and packaging design (Southern Graphics Systems).