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PITTSBURGH--(BUSINESS WIRE)--Jan. 10, 2003--The Board of Directors
of Alcoa today declared a quarterly common stock dividend of 15 cents
per share payable February 25, 2003 to shareholders of record at the
close of business on February 7, 2003. This is Alcoa's 96th
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 April 1,
2003 to shareholders of record at the close of business on March 14,
2003.