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May 30, 2000

George E. Bergeron Named President and CEO Reynolds Metals Company; William E. Leahey, Jr. Elected Alcoa Vice President and Group President

PITTSBURGH--May 30, 2000-- George E. Bergeron, 58, has been named president and chief executive officer of Reynolds Metals Company, following Alcoa's completed merger with the world's third-largest aluminum company earlier this month. Since October 1999, Mr. Bergeron was president, Reynolds Integration. Previously, he was executive vice president, Allied Products, where he had overall responsibility for several Alcoa business units, including Foil Products; Kawneer; and Alcoa Building Products. In 1998, Mr. Bergeron led the Alcoa merger team that integrated Alumax, then the fourth largest aluminum company in the U.S., into Alcoa.

Separately, Alcoa's Board of Directors recently elected William E. Leahey, Jr., 50, a vice president of Alcoa and group president responsible for the Reynolds packaging and consumer business and Reynolds Aluminum Supply Co. (RASCO). He will also assist with the integration of Reynolds into Alcoa. Mr. Leahey had been executive vice president and chief financial officer of Reynolds Metals Company.

George E. Bergeron began his Alcoa career in 1968 as employment supervisor at the Lancaster (Pa) Works, and held a series of production and marketing assignments before being named president of Alcoa Closure Systems International, the business unit that makes plastic and metal bottle caps. In 1990, he was elected an Alcoa vice president and general manager of Alcoa Rigid Packaging, and, in 1991, president of this business unit, which produces aluminum sheet for the beverage and food cans. He has had overall responsibility for several Alcoa businesses, including Alcoa Metal Sales &Trading, Alcoa Foil Products, Alcoa Building Products, Kawneer, Alcoa Extruded Construction Products and Alcoa Packaging Equipment. In 1998 he was named executive vice president, with special focus on corporate growth initiatives. He was President & CEO of Alumax and led the teams that integrated Alumax into Alcoa in 1998 and Reynolds Metals into Alcoa in 1999/2000. Mr. Bergeron is a graduate of the University of New Hampshire. He served five years in the U.S. Air Force, where he achieved the rank of captain.

William E. Leahey, Jr. joined Reynolds in 1990 as Can Division sales and marketing director. He was named the Can Division general manager in 1992, its vice president and general manager in 1993, and senior vice president, Reynolds global can business in 1997. He was named to his most recent position as executive vice president and chief financial officer in 1998. Before joining Reynolds, Mr. Leahey was a vice president of Continental Can International. He began his Continental Can career in 1973 as an account manager and sales representative. In 1982 he became beverage sales manager for Continental Beverage Packaging and, two years later, he became general manager of sales and administration. He was based in Hong Kong from 1986 to 1990 as vice president of the company's Asia Pacific division. Mr. Leahey holds a bachelor's and a master's degree in business administration from Babson College, Wellesley, Mass.

Editorial Contact: Joyce A. Saltzman