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August 19, 2007

Alcoa Curtails AWAC Jamalco Refinery in Advance of Hurricane Dean

NEW YORK--Alcoa today announced it temporarily curtailed production at its 1.4 million metric ton Jamalco alumina refinery in Clarendon, Jamaica on Saturday, August 18th as part of safety precautionary measures in advance of Hurricane Dean.

All production and operations at Jamalco -- including the mine, port, and refinery -- began shut down procedures on Saturday in advance of the hurricane.

Any impact from the hurricane, amount of production lost, and a re-start schedule will be reported after a full assessment can be safely made.

The Jamalco refinery is 55 percent-owned by Alcoa World Alumina and Chemicals (AWAC) and 45 percent owned by the Government of Jamaica. Alcoa World Alumina and Chemicals is a global alliance between Alcoa and Alumina Ltd, with Alcoa holding 60 percent.

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 including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa® wheels, fastening systems, precision and investment castings, structures and building systems. The company has 116,000 employees in 44 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 www.alcoa.com