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PITTSBURGH--(BUSINESS WIRE)--July 12, 2002--The Board of Directors
of Alcoa today declared a quarterly common stock dividend of 15 cents
per share, payable August 25, 2002 to shareholders of record at the
close of business on August 2, 2002. This is Alcoa's 94th consecutive
quarterly dividend on its common stock.
The directors also declared a quarterly dividend of 93.75 cents
per share on Alcoa's $3.75 cumulative preferred stock, payable
October 1, 2002 to shareholders of record on September 13, 2002.