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February 1, 2012

Alcoa Foundation President Paula Davis Elected Vice President of Alcoa

NEW YORK--Alcoa (NYSE:AA) announced today that the Alcoa Board of Directors has elected Paula Davis a vice president of the company. Davis has been President of the Alcoa Foundation since 2010. Founded more than 50 years ago, Alcoa Foundation is one of the largest corporate foundations in the United States, having invested more than $530 million since 1952.

“Under Paula’s leadership, the Alcoa Foundation has significantly increased employee volunteerism at all levels and strengthened Alcoa communities worldwide by creating innovative partnerships that promote sustainable environments and advance Science, Technology, Engineering and Math (STEM) education and workforce development in manufacturing,” said Nicholas Ashooh, Alcoa Vice President Corporate Affairs.

Before joining Alcoa, Davis was Vice President, Corporate Communications for The Pepsi Bottling Group, where her responsibilities included overseeing the PBG Foundation as well as leading the company’s external, internal, executive and customer communications programs.

Davis also held senior positions with Siemens USA where she was Executive Officer and Senior Director of Siemens’ Corporate Communications and Relationship Marketing programs as well as positions in its media and public relations groups. Her earlier experience includes strategic internal and media relations positions with MVP.com, an online sports e-tailer; Arthur Andersen; Sears, Roebuck and Company; and Sara Lee Corporation.

Davis has an MBA in marketing and organizational behavior from the Northwestern University Kellogg Graduate School of Management and a bachelor’s degree in English and Psychology from the University of Michigan. She was named a 2011-2012 David Rockefeller Fellow by the Partnership for New York City and has also been recognized by Profiles in Diversity Journal as a “Woman Worth Watching in 2012.

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 61,000 people in 31 countries across the world. More information can be found at www.alcoa.com.