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August 20, 2001

Alcoa Acquires Laser Armor Tech Corporation

FRANKLIN, Tennessee--August 20, 2001-- Alcoa announced today that Alcoa Fujikura Ltd. (AFL) Telecommunications has acquired 100% of the stock of Laser Armor Tech Corp, a manufacturer of laser welded stainless steel tubes for optical fibers. Based in San Diego, Calif., Laser Armor Tech is a subsidiary of the privately held Cook Group of Bloomington, Ind. Terms of the deal were not disclosed.

“The addition of Laser Armor Tech Corp. and its laser stainless steel technology will help AFL maintain and grow its position as the world’s leading cable manufacturer of Optical Ground Wire (OPT-GW),” said Frank Larence, president of AFL Telecommunications.

Laser Armor Tech holds the patent rights, technology and licenses for stainless steel tube manufacturing that allows for high fiber density in small cable designs.

Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina. Its related businesses include packaging machinery, precision castings, fiber optic cables and electrical distribution systems for vehicles. It has 142,000 employees in 37 countries.

AFL Telecommunications is a leading global provider of fiber optic products and services to the electric utility, telecommunications, data communications, and broadband industries. AFL is headquartered in Franklin, Tenn., with manufacturing and service locations in the U.S., Mexico and the U.K.