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September 11, 2008

Alcoa Plays Part in Nobel Peace Prize on Climate Change

Nobel Winner IPCC Recognizes Four Alcoa Employees for Their Efforts in Accumulating and Disseminating Knowledge about Climate Change

NEW YORK--Alcoa announced today that four of its employees played a part in the United Nations Organization’s Intergovernmental Panel on Climate Change’s (IPCC) win of the Nobel Peace Prize in 2007. The IPCC, based in Switzerland, was awarded the Nobel Peace Prize for its efforts to build up and disseminate greater knowledge about man-made climate change and to lay the foundations for the measures that are needed to counteract such change. The IPCC jointly shared the prize with former U.S. Vice President Al Gore, Jr.

The Alcoa employees were formally recognized recently by the IPCC for contributing to the award as lead authors of guidelines national governments use to credibly report greenhouse emissions from the metals industries. The four employees are: Ken Martchek, Manager for Environment and Sustainability, based in Pittsburgh; Vince Van Son, Commercial Manager - Sustainable Solutions, located in Tennessee; Maurício Born, Manager for Health, Safety, Environment and Sustainability, for Alcoa Latin America; and Hezio Oliveira, Environment Superintendent for the Alumar consortium in Brazil. They took part in developing the final guidelines for reporting emissions to national inventories from the aluminum sector, which were coordinated by ABAL (Brazilian Aluminum Association) and the IAI (International Aluminium Institute).

About the IPCC

The IPCC is a scientific intergovernmental body set up by the World Meteorological Organization (WMO) and by the United Nations Environment Programme (UNEP). Its constituency is made of: 1) all member countries of WMO and UNEP; 2) Hundreds of scientists worldwide, who contribute to the work of the IPCC as authors, contributors and reviewers; and 3) the people: as a United Nations body, the IPCC work aims at the promotion of the United Nations human development goals.

About the Nobel Prize

Since 1901, the Nobel Prize has been honoring men and women from all corners of the globe for outstanding achievements in physics, chemistry, medicine, literature, and for work in peace. The Nobel Peace Prize has been awarded to 95 individuals and 20 organizations since 1901.

About Alcoa

Alcoa (NYSE:AA) 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