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June 1, 2005

Alcoa Foundation Partners with Morehouse College; Invests in First-Ever Oprah Winfrey South African Leadership Project

PITTSBURGH--(BUSINESS WIRE)--June 1, 2005--Alcoa Foundation announced today that it has partnered with Morehouse College in Atlanta to send nine undergraduate students to Cape Town, South Africa to explore ethical leadership related to HIV/AIDS response and public policy as part of its first-ever Oprah Winfrey South African Leadership Project.

"This grant to the Morehouse College Leadership Center is an investment in the global leadership abilities of tomorrow's workforce," said Kathleen W. Buechel, president and treasurer of Alcoa Foundation.

During their trip, the Morehouse students will work with eTaseni, a non-governmental organization (NGO) AIDS service organization based in Cape Town that provides education, treatment and care for people living with AIDS. According to the Joint United Nations Program on HIV/AIDS, South Africa has the most severe HIV epidemic in the world. The students will also visit the University of Pretoria where they will learn about South African public policy and how ethical leadership can shape the global response to this issue.

By building partnership bridges throughout global communities, such as its partnership with Alcoa Foundation, the Morehouse College Leadership Center strengthens its curriculum and is able to offer international learning experiences, according to Dr. Walter Earl Fluker, executive director.

"Through the generous investment of the Alcoa Foundation in the Leadership Center at Morehouse College, we will be able to develop our International Leadership Program into a global center of excellence," Dr. Fluker said.

The students will return from the three-week trip on June 8. Upon their return, the students will continue working on the issue of ethical leadership issues relating to HIV/AIDS as part of the Leadership Fellows Program at the Leadership Center.

About Alcoa Foundation

Established in 1952, Alcoa Foundation is a global resource that actively invests in improving the quality of life in the countries around the world where Alcoa operates. 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. Alcoa Foundation manages Alcoa's ACTION and Bravo! programs which recognize the volunteer efforts of employees with grants to the organizations they serve. For more information about Alcoa Foundation, visit www.alcoa.com, under Community.

About Morehouse College

Ranked three times as the number one college in the nation for educating African American students by Black Enterprise magazine, and recognized by The Wall Street Journal as one of the top feeder schools for the 15 most prominent graduate and professional schools in the country, Morehouse College is the nation's largest, private liberal arts college for men. Founded in 1867, Morehouse is one of only two Historically Black Colleges or Universities (HBCU) to produce three Rhodes Scholars. Prominent alumni include Martin Luther King Jr., Nobel Peace Prize laureate and civil rights leader; Dr. David Satcher, former U.S. Surgeon General and Interim President at the Morehouse School of Medicine; Sheldon "Spike" Lee, filmmaker and president of 40 Acres & A Mule Productions; Samuel L. Jackson, academy Award nominated actor; Maynard H. Jackson, founder of Jackson securities and the first African American mayor of Atlanta.