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September 15, 2003

Alcoa Appoints Klaus Kleinfeld to Board of Directors

PITTSBURGH--(BUSINESS WIRE)--Sept. 15, 2003--The Board of Directors of Alcoa Inc. (NYSE:AA) today increased the number of directors to eleven and appointed Klaus Kleinfeld as a director, effective November 14, 2003. Mr. Kleinfeld, 45, is president and chief executive officer of Siemens Corporation, the U.S. arm of Siemens AG, the global electronics and industrial conglomerate. With 70,000 employees in all 50 states, Siemens US consists of a broad range of industrial and infrastructure businesses and represents about 25 percent of Siemens' sales worldwide.

"Klaus Kleinfeld is a highly respected executive who possesses strong business building capabilities, including consulting, international, marketing and business management skills," said Alain Belda, Chairman and CEO of Alcoa. "We welcome his global strategic business and marketing leadership experience to the board."

Biographical information on Mr. Kleinfeld follows:

Klaus Kleinfeld was elected president and chief executive officer of Siemens Corporation on January 1, 2002, after serving one year as chief operating officer of Siemens US, based in New York City. Prior to his U.S. assignment, Mr. Kleinfeld was executive vice president and a member of the executive board of the medical engineering group of Siemens AG in Germany, where he previously led the $1 billion Angiography, Flouroscopy and X-Ray Systems businesses. Earlier, Mr. Kleinfeld established and headed the Siemens Management Consulting Group, which introduced cutting edge practices in benchmarking, reengineering and innovation across Siemens' global businesses.

Prior to joining Siemens in 1987, Mr. Kleinfeld was a product manager for CIBA-GEIGY'S pharmaceuticals division in Basel, Switzerland. He also worked for a consulting firm in Germany, providing strategic marketing counsel to a broad variety of global corporations.

Mr. Kleinfeld earned a master's degree in business administration/economics from the University of Goettingen (Germany) in 1982, followed by a Ph.D. in strategic management from the University of Wuerzburg (Germany).

He is a member of the Managing Board of Siemens AG; a board member of the Turner Corporation; the U.S. Chamber of Commerce, the Centers for Disease Control Foundation, the Metropolitan Opera and the Partnership for New York City co-chair of N.Y. Mayor Bloomberg's Task Force on Stimulating Growth and Diversification; and a member of The Business Roundtable, where he serves as the chair of the Information Security Committee.

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 as a single solution to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) aluminum foil, 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 40 countries. For more information go to www.alcoa.com.