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October 31, 2007

Alcoa Wheels and Greg Weld Design(TM) Announce a New Alliance

Wheel Program to Result in Premium Offerings for Light Trucks

LAS VEGAS--Two legendary names in the forged wheel industry have come together to create a blockbuster strategic alliance. Greg Weld Design™ and Alcoa Wheels will combine efforts to design, manufacture, market and sell some of the most advanced forged alloy wheels available for the automotive aftermarket.

Driven by innovative products and leading-edge technology, Greg Weld Design™ and Alcoa Wheels will exceed the needs of the most demanding 4x4 or “Tuff Truck” enthusiast. Greg Weld Design’s new Tru-Forged™ wheels by Alcoa will offer unparalleled one-piece forged wheel strength. Combined with Greg Weld’s design and engineering input, these wheels will offer head-turning styling that is uniquely Greg Weld.

All Tru-Forged™ wheels will be hot-forged from a billet of 6061-T6 aerospace alloy for maximum strength and durability. The one-piece design is 100% CNC machined to perfection. The lightweight design, 3500lb. load rating and lifetime limited structural warranty are unmatched in the industry. Available in 20, 22 and 24 inch diameters and up to 14 inches wide, Tru-Forged™ Tuff Truck wheels are designed for the newest 4x4 tire sizes. All Tru-Forged™ wheels will feature a unique polished finish that carries a limited 5 year warranty supported by Greg Weld Design™. These wheels will be shown for the first time at the 2007 SEMA Show in Las Vegas, Nevada, October 30 through November 2.

"We are very excited to create this alliance. Alcoa Wheels will be able to provide Greg Weld Design™ with our cutting edge product technology, manufacturing and production excellence,” said Mike Parnell, Vice President/General Manager, Alcoa Auto Wheels. Greg Weld said, “We will aggressively utilize Alcoa’s wheel expertise and experience. We will now be able to offer the finest forged wheels for many facets of the automotive aftermarket especially wheels for 4x4’s, trucks and SUVs.”

“Alcoa invented the forged aluminum wheel in 1948, and has been improving forged wheel technology ever since. Alcoa’s reputation for quality and efficiency is truly legendary. They are the world leader in forged alloy wheels.”

With Greg Weld’s knowledge of the forged wheel aftermarket, combined with Alcoa’s manufacturing, development and production capabilities, Tru-Forged™ wheels by Alcoa will be the forged wheel of choice in 2008 and beyond.

“We are preparing for an early 2008 launch and are excited about this co-branding opportunity between Greg Weld Design™ and Alcoa Wheels,” said Brandon Stotsenburg, Director of Automotive Aftermarket, Alcoa Forged Specialty Wheels. “Complete program details will be available soon.”

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. For more information, visit www.alcoawheels.com.

About Alcoa

Alcoa (NYSE:AA) 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

About Greg Weld Design™

Greg Weld Design™ is a new Greg Weld company. It competes directly against, and is not affiliated with, Weld Racing or American Racing.