August 14, 2008

Alcoa Leads in Social Responsibility, Innovation and Quality and Corporate Governance in Annual Ranking of 500 Best Companies in Brazil

Alcoa (NYSE:AA) announced today that it has taken top honors in Social Responsibility, Innovation and Quality, and Corporate Governance in the Steel and Metallurgy category in the annual ranking of the 500 best companies published by Dinheiro, Brazil's leading business magazine. Alcoa ranked second in the industry's overall ranking.

The ranking reflects notable business growth in Brazil. The revenue of the country's 500 largest companies totaled the equivalent of US$913 billion in 2007, 12% higher than the previous year.

About Alcoa

Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation 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 to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa(R) wheels, fastening systems, precision and investment castings, and building systems. The Company has 97,000 employees in 34 countries and has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at