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May 16, 2012

Ron Barin Elected Alcoa Vice President and Officer of the Company

NEW YORK--Alcoa (NYSE:AA) announced today that Ron Barin has been elected a Vice President and an officer of the company. He is also Chief Investment Officer, Pension Investments, overseeing the investment of $15 billion of assets for Alcoa's retirement benefits plans and the Alcoa Foundation.

"Ron’s election as an officer of the company recognizes the important contributions he has made to support Alcoa’s success,” said Alcoa Chief Financial Officer Chuck McLane. “It also reflects our confidence in his ability to make great contributions in the future.”

Barin joined Alcoa in 2008 as Assistant Treasurer and an assistant officer of the company with responsibility for the company’s pension plan investments. Previously, he was Senior Director, Pension Investments for Pfizer Inc., and also had served as Director, Financial Risk Management for Pfizer. Earlier, he held treasury-related roles for Emcor Financial Risk Management Consulting, Estee Lauder and Unilever.

Barin holds a bachelor's degree in Economics and Finance and an MBA from New York University. He is the co-founder and a member of the Board of Directors of Smile In A Bag, Inc., a nonprofit organization that collects and donates toy-filled activity bags each month to two Long Island, New York, hospitals.

About Alcoa

Alcoa is the world’s leading producer of primary aluminum, fabricated aluminum and 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 ten 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.