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August 27, 2004

Alcoa Foundation Joins In Effort To Help Hurricane Charley Victims

PITTSBURGH--(BUSINESS WIRE)--Aug. 27, 2004--Alcoa Foundation today announced that it has awarded $30,000 in grants to American Red Cross chapters in Florida as part of an effort to help communities devastated by Hurricane Charley.

The grants are part of Alcoa and Alcoa Foundation's longstanding commitment to providing support to victims of natural disasters in Alcoa communities worldwide.

In Polk County, an area that had gone 44 years without suffering the effects of a major hurricane, Alcoa Foundation awarded a $20,000 disaster relief fund grant to the American Red Cross chapter. In addition, Alcoa Foundation awarded a $10,000 disaster relief grant to the American Red Cross of Central Florida. Alcoa operates two facilities in the region: an Engineered Products facility in Plant City and a Kawneer architectural products service center in Orlando, employing a total or nearly 250 people.

Hurricane Charley's 145 mph winds left little standing in its wake affecting power, gasoline, water and food supplies and causing 2.5 million people to be evacuated as it made landfall on August 13. American Red Cross officials estimate that the relief and recovery effort will become one the largest in the organization's history.

About Alcoa Foundation

In 2003, Alcoa Foundation made $15 million in grants around the world. Communities where Alcoa has a presence are the primary focus of its grantmaking programs. Through disaster relief grants and employee engagement initiatives like ACTION and Bravo!, additional resources are made available to our communities. The Foundation's grants address global and local needs in Areas of Excellence that include: Conservation and Sustainability, Global Education and Workplace Skills, Business and Community Partnerships and Safe and Healthy Children and Families. For more information about Alcoa Foundation, visit, under Community.

About Alcoa

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. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. 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. More information can be found at