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February 18, 2002

Carlos Ghosn, President and CEO of Nissan Motor Co., Named to Alcoa's Board

PITTSBURGH--(BUSINESS WIRE)--Feb. 18, 2002--Alcoa (NYSE:AA) announced today that Carlos Ghosn, 47, president and chief executive officer of Nissan Motor Co., Ltd., has been elected to Alcoa's board of directors. There are now 11 directors on Alcoa's board.

In making the announcement, Alcoa Chairman Alain Belda said, "Mr. Ghosn adds to Alcoa's board his keen understanding of the automotive market, which is one of our major market segments, his management skills that resulted in the significant turnaround of Nissan, and his global exposure."

Mr. Ghosn was elected president and chief executive officer of Nissan in 2001. He previously served as chief operating officer since 1999. From 1996 until 1999, Mr. Ghosn was executive vice president of Renault France. Renault owns 36.8% of Nissan. From 1978 to 1996 Mr. Ghosn served in various capacities with Compagnie Generale des Etablissements Michelin in the U.S. and Brazil, including chairman, president and chief executive officer of Michelin North America, Inc., from 1990 to 1996.

Mr. Ghosn was educated in France where he received engineering degrees from Ecole Polytechnique in 1974 and Ecole des Mines de Paris in 1978.