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July 24, 2008

Alcoa Materials Management Names Top Scrap Suppliers for 2008

PITTSBURGH--Alcoa (NYSE:AA) announced today that its Materials Management business has named the top ten scrap processors for 2008. Criteria required for top scrap suppliers include quality, volume and performance. Maintaining these high standards, Alcoa Materials Management has been able to increase its scrap purchases by more than 10% annually for the last three years.

The 2008 Alcoa Material Management Top Ten Suppliers are:

American Iron and Metal [Montreal, Quebec, Canada]

David J Joseph Co. [Cincinnati, Ohio]

Metal Conversion Ltd. [Mansfield, Ohio]

Newco Metals Inc. [Pendleton, Indiana]

Omnisource Corp. [Fort Wayne, Indiana]

Service Aluminum Corp. [Ellicott City, Maryland]

Shapiro Sales [St. Louis, Missouri]

Smelter Service Corp. [Mount Pleasant, Tennessee]

State Metal Industries [Camden, New Jersey]

Weiner Iron and Metal [Pottsville, Pennsylvania]

Schupan and Sons, of Kalamazoo, Michigan, was selected Most Improved 2008 Supplier. The 2008 Strategic Copper Supplier is Copper Consultants, based in Glendale, Arizona.

“Our metrics are to continue to increase our annual scrap buying, without lowering or compromising our strict quality, safety and environmental standards. We work closely with our strategic scrap suppliers through our annual and formula–based pricing scrap buying programs,” said Kevin Anton, President Alcoa Materials Management.

Criteria for selecting candidates include:

Scrap Volume

Scrap Value/Savings to Alcoa

Quality

Proximity to Alcoa plants

Dealer growth and improving scrap product

Number of Alcoa Plants Supplied

Timely Delivery

Dealer Safety Programs

Environmental Compliance

ISO 9000

“This elite group of suppliers work closely with us in understanding each others needs and objectives to improve the scrap quality and processes within the Alcoa plants,” Anton added.

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