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March 20, 2003

Alcoa Selected to Supply Bombardier Aerospace for Their Regional and Business Jets

PITTSBURGH--(BUSINESS WIRE)--March 20, 2003--Alcoa today announced it has been selected to supply Canadian aircraft manufacturer Bombardier Aerospace with aluminum flat-rolled products and metallic solutions for its regional and business jets.

As part of a multi-year agreement, Alcoa will supply Bombardier with structural components, and wing and fuselage skins for all Bombardier aircraft products, including its Bombardier CRJ series and its Learjet, Challenger, and Global Express families of aircraft. The agreement, based on Alcoa Business System principles, establishes a new level of supply chain management and services between the companies, integrating Bombardier's needs with Alcoa's products, services and world-leading know-how in materials, structural design, engineering, quality, and delivery performance to customers. Alcoa also will pilot a finished goods facility in Montreal as part of its customer service program with Bombardier.

Deliveries to Bombardier manufacturing locations in Montreal and Belfast began in the first quarter of 2003. Aluminum products delivered to Bombardier's Montreal facility are made at Alcoa's Davenport, Iowa facility using ingot produced in Quebec, Canada as one of its principal sources.

Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design, and manufacture of innovative aviation products and provides services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet fractional ownership, aircraft charter and management, technical services, aircraft maintenance and pilot training for business, regional airline and military customers.

Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, precision castings, and electrical distribution systems for cars and trucks. The company has 127,000 employees in 39 countries. More information can be found at www.alcoa.com