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October 15, 2007

Alcoa's Kevin Anton Elected Chairman of Aluminum Association Board

NEW YORK--Alcoa (NYSE:AA) announced today that Kevin M. Anton, vice president of Alcoa and President of Alcoa Materials Management, has been elected chairman of the board of The Aluminum Association at the trade organization’s annual membership meeting in Tucson, Arizona.

Mr. Anton succeeds Patrick M. Franc,president of ARCO Aluminum. Anton’s two-year term begins January 1, 2008. He has been vice chairman of the Association for the past two years.

As president of Alcoa Materials Management, Mr. Anton is responsible for Alcoa’s trading, sales and marketing activities related to primary products, including the physical and financial trading of primary and scrap aluminum, electricity trading, and transportation purchasing. He is also the Chief Financial Officer for Alcoa’s Global Primary Products. This involves overseeing financial activities and strategy for Alcoa’s nine alumina refineries, bauxite assets in Australia, Brazil, Jamaica, Suriname and Guinea, and the company’s worldwide smelting system. He has been a vice president of Alcoa since 2006.

Previously, Mr. Anton worked as vice president of finance for Alcoa’s Primary Products group and joined the company as vice president of Alcoa World Alumina and Chemicals.

Earlier in his career, Mr. Anton held senior management positions at Alumax Inc., including vice president and controller for Alumax’s primary aluminum group and director of business planning.

Before Alumax, Mr. Anton held various financial positions, including director of business planning and development for AMAX Inc. a diversified mining and metals company.

The Aluminum Association, based in Arlington, VA, with offices in Detroit, represents U.S. and foreign-based primary producers of aluminum, recyclers, and producers of semi-fabricated products. It also represents companies that supply products and services to the aluminum industry. Member companies operate more than 200 plants in North America, and many conduct business worldwide.

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.