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December 17, 2004

Alcoa Opens First Plant in Egypt to Produce Plastic Closures for Beverage Industry

CHICAGO & CAIRO, Egypt--(BUSINESS WIRE)--Dec. 17, 2004--Alcoa (NYSE:AA) announced today that its Alcoa Closure Systems International (CSI) business formally opened a new plant outside of Cairo, Egypt this month to support beverage customers in North Africa. Alcoa CSI produces plastic and aluminum bottle closures and packaging machinery for the beverage and food industries worldwide.

The new facility has the capability to produce 800 million closures per year and had already begun shipment to customers.

"This plant supports Alcoa's aim of meeting our customers' needs for prompt, competitive closure supply," said Eduardo Gemelli, general Manager of Alcoa CSI Europe, who is also responsible for CSI Egypt. "The facility also provides a solid base to support Alcoa's future growth and development in Africa."

This is Alcoa's first operating facility in Egypt.

About Alcoa CSI

Alcoa Closure Systems International, Inc. (CSI), a part of Alcoa, is recognized as a world leader of closures and closure application systems. Alcoa CSI provides quality closure and capping equipment products, as well as technical service and support to all key markets. Major markets include carbonated soft drinks, food, juice and isotonic, bottled water, beer, dairy, liquor, personal care, and automotive fluids. In its 27 locations and offices worldwide, Alcoa CSI employs nearly 3,000 people. They produced and sold in excess of 55 billion closures during 2003. The company is guided by principles of strict customer satisfaction, total quality manufacturing and technical service, all tied to specific customer needs.

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 as a single solution to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) aluminum foil, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 127,000 employees in 40 countries. For more information on Alcoa Inc., visit our web site at www.alcoa.com