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March 29, 2006

Alcoa Publishes First China Sustainability Report

BEIJING & NEW YORK--(BUSINESS WIRE)--March 29, 2006--Alcoa (NYSE:AA) today announced that it has released its 2005 China Sustainability Report, which provides detailed insight into the environmental, social and economic achievements and challenges of Alcoa in this Asian region. The report is available online.

"This is the first sustainability report prepared for Alcoa's businesses in China and is unique to multinationals who have manufacturing operations in the country. It complements Alcoa's corporate report. Alcoa has a long term commitment to China. Today, we have 14 locations employing nearly 3,000 people in the country," said Lloyd Jones, President Alcoa Asia. "Within our China operations, we steadfastly adhere to our Values, Principles and human rights statements, while acknowledging the country's unique regulatory environment and social-economic circumstances."

In 2005, Alcoa's significant China highlights include the following:

-- An upgrade to the wastewater treatment area at the Alcoa Closures Systems International plant in Tianjin and the implementation of an environmental management system at Alcoa (Shanghai) Aluminum Products.

-- Obtained full ownership of two Chinese joint ventures, one which produces plastic closures for the beverage industry, and the other foil products mainly for pharmaceutical applications.

-- Initiated or continued numerous health-related programs, including workplace hazard assessments, establishments of occupational medical health programs, ergonomic initiatives, and healthy workforce programs.

-- Provided RMB2.6 million (US$320,000) in grants to Chinese organizations, and employees volunteered more than 900 hours in their communities.

The China Report was introduced today at the World Business Council for Sustainable Development (WBCSD) Liaison Delegates Meeting, "Focusing East: Business and Sustainable Development in China", by President Bjorn Stigson of WBCSD in Beijing.

About Alcoa in China

Alcoa's presence in China began in 1993 with the creation of the Alcoa Asia Ltd. representative office in Beijing. Since then, Alcoa has established 14 operating locations that provide innovative solutions for customers in all major markets. Products produced include foil, fasteners, automotive components, construction products, plastic closures, and decorative sheet. One of Alcoa's facilities - the Bohai plant in Qinghuangdao - is the largest foil producer and exporter in China.

About Alcoa

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 129,000 employees in 42 countries and has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at