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May 31, 2000

L. P. (Pat) Hassey Named Alcoa Executive Vice President and Group President Alcoa Industrial Components

PITTSBURGH, Pa.--May 31, 2000-- Alcoa announced that L. P. (Pat) Hassey, 54, has been named an executive vice president of the company and to the newly created position of Group President Alcoa Industrial Components. This new business unit includes three former Condant Technologies units -- Howmet, Huck Fasteners and Thiokol Propulsion -- as well as Alcoa Automotive and Alcoa Forged Products business units. The Industrial Components business unit will be headquartered in Salt Lake City, Utah.

Mr. Hassey's most recent position was president of Alcoa Europe, where he was responsible for Alcoa's primary, flat-rolled products, extrusion, end products, and Kawneer businesses in Europe.

Mr. Hassey has held numerous management and production positions during his career with Alcoa including assignments in Tennessee; Cleveland, Ohio; Lafayette, Indiana, and Davenport, Iowa. In 1985 he became Davenport Works Manager and later became sales and marketing manager Aerospace Sheet and Plate. In 1991, he was named president of Alcoa Aerospace/Commercial Rolled Products and was elected an Alcoa vice president. He moved to Lausanne, Switzerland in 1998 to provide strategic and operational leadership for Alcoa Europe.

Editorial Contact:
Joyce A. Saltzman