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May 22, 2008

Alcoa President and CEO Klaus Kleinfeld to Speak at Sanford Bernstein Strategic Decisions Conference

NEW YORK--Alcoa (NYSE:AA) President and CEO Klaus Kleinfeld will speak at the Sanford Bernstein Strategic Decisions Conference on Thursday, May 29, 2008 at 3:00 p.m. EST at the Waldorf=Astoria Hotel in New York City. Mr. Kleinfeld will present an insight into Alcoa’s strategic initiatives and priorities and provide a general overview of the company.

His remarks will be webcast at http://www.alcoa.com/sbsdc. Slides used during the presentation will be available in the Investor section of Alcoa’s website, www.alcoa.com prior to the presentation. A replay will also be available on www.alcoa.com approximately one hour following the presentation and is accessible for 21 days.

About Alcoa

Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation 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, and building systems. The Company has 97,000 employees in 34 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