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PITTSBURGH--(BUSINESS WIRE)--June 13, 2003--The Board of Directors
of Alcoa (NYSE:AA) today declared a quarterly common stock dividend of
15 cents per share payable August 25, 2003 to shareholders of record
at the close of business on August 8, 2003. Alcoa has paid a quarterly
dividend on its common stock for more than 60 years.
The directors also declared a quarterly dividend of 93.75 cents
per share on Alcoa's $3.75 cumulative preferred stock payable
October 1, 2003 to shareholders of record at the close of business on
September 12, 2003.