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May 24, 2005

Alcoa Recognized for Leadership in Environmental Stewardship and Energy Conservation

PITTSBURGH--(BUSINESS WIRE)--May 24, 2005--Alcoa was recognized as a national leader in energy conservation and environmental stewardship when it was named a recipient of an Energy Award during the Industrial Energy Technology Conference (IETC) held recently in New Orleans, Louisiana.

Alcoa was honored for its Energy Efficiency Network, a team of Alcoa experts and consultants who conduct energy assessments and identify potential energy savings opportunities in Alcoa plants worldwide.

Nominations for the Energy Award come from the IETC Advisory Board, which is composed of 30 representatives from government, business, and academia in North America. Alcoa was nominated by the U.S. Department of Energy.

"As the world's leading producer of aluminum, Alcoa has a long term strategy for remaining competitive including goals for using energy more efficiently," said Richard Notte, Vice President for Energy Services, Alcoa Primary Products. "Having access to Department of Energy resources and tools has helped make this program successful."

Since 2002, the Alcoa Energy Efficiency Network has successfully identified more than $80 million in cost savings opportunities and has reduced its operating costs by more than $20 million by performing plant-wide assessments, conducting employee training and using DOE best practices.

"Alcoa wants to use natural resources wisely and leave the neighborhoods where it operates better for having Alcoa in its communities," Notte said.

"Alcoa is committed to its energy conservation program. In 1999 the DOE and Alcoa partnered to find energy reduction opportunities," said Peter Salmon-Cox, lead technology manager, Industrial Technology Program, Energy Efficiency and Renewable Energy, for the U.S. Department of Energy. "The partnership with DOE was a key element in the establishment of the Alcoa Energy Efficiency Network. The success and value of this program to Alcoa's energy efficiency efforts has been remarkable."

Since its inception in 2002, the scope of the Alcoa Energy Efficiency Network has grown beyond assessing Alcoa locations worldwide to conducting energy surveys for some of its customers as a value-added service.

The annual IETC conference is a major event educating the industrial energy community about new innovations, energy use and waste reduction programs, and the latest in various state and federal programs affecting industry. Founding sponsors of the IETC are the U.S. Department of Energy, Texas State Energy Conservation Office and the Energy Systems Laboratory, which is part of Texas A&M University.

Alcoa is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, 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 131,000 employees in 43 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 www.alcoa.com