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October 30, 2007

Alcoa to Supply Forged Aluminum Wheels with Dura-Bright(R) Technology to Shelby Automobiles

LAS VEGAS--Alcoa (NYSE:AA) announced today that it will supply custom-designed forged aluminum wheels featuring the company’s patented Dura-Bright® technology surface treatment to Shelby Automobiles for the company’s 2008 Mustang King of the Road (KR) and Super Snake models. The wheels will be supplied from the company’s Cleveland (Ohio) Works.

“Alcoa Forged Wheels is a vital member of Team Shelby,” noted Gary Patterson, VP-Operations for Shelby Automobiles. “Both the KR and the Super Snake have really cool looking wheels. If they didn’t, they wouldn’t be Shelby.”

Alcoa was the first to fabricate forged aluminum wheels for ground vehicles and has been producing them for heavy duty and light trucks and autos since 1948.

“Forged aluminum wheels have tested more than four times stronger than steel wheels,” according to Kevin Kramer, head of Alcoa Wheel Products. “In addition to pure strength, our forged, machined wheels offer a truer rotation and faster suspension response for improved driving dynamics.”

Patterson added that the forged aluminum wheel also gives Shelby the opportunity to reduce unsprung weight, which, in combination with their strength and durability, provides the KR and Super Snake with more responsive steering. One-piece forging production allows Alcoa to increase strength while reducing weight of a comparable cast aluminum wheel by over 20 percent.

Alcoa’s Dura-Bright® technology provides a wheel that is almost maintenance free. The proprietary treatment penetrates the aluminum surface to become an integral part of the wheel itself. Alcoa wheels with Dura-Bright® technology resist peeling, cracking and corrosion.

“Dura-Bright® technology is something that high-performance KR and Super Snake drivers will really appreciate,” Patterson believes. “After a day of demanding road course driving, the last thing you want to do is spend hours polishing your wheels. With Dura-Bright®, all you have to do is hit them with a hose, restore that good-as-new look and walk away.”

“Alcoa understands that Shelby Automobiles is all about performance and establishing the partnerships it takes to create new models that live up to the Shelby tradition. And Alcoa Wheel Products is very proud to a Team Shelby partner,” Kramer concluded.

About Alcoa Wheel Products

Alcoa Wheel Products is headquartered in Cleveland, Ohio, and employs more than 3,000 associates in seven locations globally. The Alcoa business unit manufactures cast and forged aluminum wheels for the heavy truck, automotive, and motorcycle industries.

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 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