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June 17, 2011

Kay Meggers Elected Vice President of Alcoa

NEW YORK--Alcoa announced today that Kay Meggers has been elected a Vice President of the Company by Alcoa’s Board of Directors.

Meggers joined Alcoa in 2010 as Vice President, Corporate Initiatives, responsible for planning and coordinating major strategic initiatives that cut across multiple businesses, regions and resource units. He leads the Business Excellence/Corporate Strategy resource unit, composed of the Growth and Market Strategy, Quality and Business Excellence teams. The Asia Pacific President also reports to him. Meggers is also a member of the Alcoa Executive Council, the Company’s senior leadership group that sets strategic direction.

“Kay has worked closely with me to build Alcoa’s parental advantage - the extra value we get from our combined businesses - as an integral element of all substantial initiatives we have across the Company,” said Alcoa Chairman and CEO Klaus Kleinfeld. “Kay is one of the most successful business managers I know, with a particular talent for maximizing the collaboration and integration of regional and global business.”

Prior to joining Alcoa, Meggers was Senior Vice President at Siemens’ U.S. Building Technologies Division and served for three years as Business Unit Head of Building Automation.

He received a Diploma in Physics in 1991 from the Christian-Albrechts University in Kiel, Germany. In 1995, after extensive research in applied nuclear physics and materials science, including at the U.S. National Laboratories in Los Alamos, New Mexico, he earned his Doctorate degree from the Christian-Albrechts University in Kiel.

About Alcoa

Alcoa (NYSE:AA) is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for nine consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world. More information can be found at www.alcoa.com.