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November 15, 2011

Alcoa Names Kelly Pasterick Director Investor Relations

Patricia Figueroa Joins Company as Manager Investor Relations

NEW YORK--Alcoa (NYSE:AA) announced, effective December 1, Kelly Pasterick will become Director, Investor Relations, succeeding Roy Harvey, who was recently named chief financial officer of Global Primary Products. Pasterick is currently Manager, Corporate Treasury. In her new role, she will report to Alcoa Executive Vice President and Chief Financial Officer Charles McLane.

In her present assignment, Pasterick executes capital market transactions, including Alcoa’s recent debt transactions and revolving credit facility renewal, and she was instrumental in developing an extensive Enterprise Risk Management program to identify, assess and monitor enterprise risk.

“Kelly has a reputation for quickly synthesizing complex details and conveying them clearly to her audiences,” McLane said. “This talent will serve her well in working with Alcoa’s investors and analysts.”

In addition, Patricia Figueroa will join Alcoa as Manager, Investor Relations, reporting to Pasterick. Most recently she was a research manager at Blue Heron Research Partners based in New York.

“Patricia’s experience in industry and company analysis will serve her well in this assignment. We welcome Patricia to Alcoa and our Finance group,” McLane said.

Biographical Information follows:

Kelly Pasterick

Kelly Pasterick, as Manager of Corporate Treasury for Alcoa based in its New York Office, is responsible for capital market deals including debt transactions and in the development of an extensive Enterprise Risk Management program. Pasterick joined Alcoa in 2005 as Manager of SOX Compliance, implementing a global internal control program to ensure Alcoa’s compliance under Sarbanes-Oxley 404 requirements.

Earlier, Pasterick held roles in Alcoa’s Financial Policy and Transactions and Financial Planning and Analysis areas, where she was responsible for providing U.S. general accounting standards support to Alcoa’s businesses in Russia, delivering accounting guidance on foreign currency translation and receivable securitization, as well as delivering segment analysis to support quarterly earnings reporting.

Before coming to Alcoa, Pasterick was Vice President and Controller, Unregulated Business, at Duquesne Light Holdings Inc. in Pittsburgh. In that role, she was responsible for accounting, financial analysis and business integration efforts for several unregulated and alternative fuel businesses. She began her career as a market analyst for Equitable Gas Company, Pittsburgh.

Pasterick earned an MBA from the University of Pittsburgh, a bachelor’s degree in Accounting from Duquesne University and is a Certified Public Accountant in the state of Pennsylvania. In 2011, Pasterick was selected as a member to the Council on Foreign Relations Corporate Leaders Program.

Patricia Figueroa

Patricia Figueroa joins Alcoa as Manager of Investor Relations. Most recently, she was a research manager at Blue Heron Research Partners. Figueroa has experience conducting fundamental industry and company analysis as well as management due diligence. She also served as Manager of Commercial Operations and Manager of Administration and Finance for Kenworth Olmeca Maya, a truck dealership with operations in seven Mexican states. Patricia holds an MBA in Finance from Columbia Business School, an MA in Social Psychology from New York University, and a BS in Business Administration from Universidad de las Americas (Mexico).

About Alcoa

Alcoa 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 10 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.