Alcoa Releases Sustainability Highlights; Launches New Sustainability Website; Online Report Delivers Current, Detailed Information; Reinforces Commitment

The new site -- www.Alcoa.com/sustainability -- summarizes howAlcoa lives its Values while operating its businesses, making eachcommunity in which it operates a better place.

The new online reporting, part of the new site, gives stakeholdersaccess to more detailed and current information on sustainabilityperformance, and is supplemented by a year-end highlights document.The format makes sustainability reporting more relevant and timely byallowing for periodic updates throughout the year, and eliminates theneed for the paper, ink, and distribution large print-based reportsrequire.

Regional and community reports outlining Alcoa's accomplishments,challenges, and goals in specific areas in which it operates also areavailable online. A regional report for China summarizing intentionsfor development there was published for the first time. Reports fromAustralia, Brazil, Canada, Europe, Fjardaal (Iceland), Jamalco(Jamaica), Suralco (Suriname)--and many communities--can also bedownloaded by going to www.alcoa.com.

A few of the sustainability accomplishments detailed in thecorporate report:

-- Alcoa was named one of the most sustainable corporations in the world in 2005 and 2006 at a ceremony at the World Economic Forum in Davos, Switzerland.

-- Alcoa was named one of the top green companies in the world by BusinessWeek magazine and the Climate Group in recognition of our performance reducing greenhouse gas emissions.

-- The company revised its 2020 Strategic Framework for Sustainability--a set of long-range goals to be achieved by 2020, with routine measurement to track progress--to make it more comprehensive in terms of sustainability principles. During 2006 the company is undertaking external consultation on the Framework.

-- By the end of 2005, we achieved a landfilled waste reduction of more than 50% from a 2000 baseline. This continued to exceed our short-term target of a 50% reduction by 2007.

-- Alcoa Foundation created the Conservation and Sustainability Fellowship Program to advance knowledge in the field of conservation and sustainability through fellowships to outstanding academics and practitioners from non-governmental organizations.

-- Combined, Alcoa and Alcoa Foundation contributed in 2005 US$39,981,462 to the communities in which it operates, including more than $3 million in recognition of employee volunteerism.

Alcoa welcomes feedback about its sustainability performance andreporting structure. Emails should be sent tosustainability@alcoa.com, or complete an online survey atwww.alcoa.com/go/sustainabilitysurvey.

Alcoa is the world's leading producer and manager of primaryaluminum, fabricated aluminum and alumina facilities, and is active inall major aspects of the industry. Alcoa serves the aerospace,automotive, packaging, building and construction, commercialtransportation and industrial markets, bringing design, engineering,production and other capabilities of Alcoa's businesses to customers.In addition to aluminum products and components, Alcoa also marketsconsumer brands including Reynolds Wrap(R) foils and plastic wraps,Alcoa(R) wheels, and Baco(R) household wraps. Among its otherbusinesses are closures, fastening systems, precision castings, andelectrical distribution systems for cars and trucks. The company has129,000 employees in 43 countries and has been named one of the topmost sustainable corporations in the world at the World Economic Forumin Davos, Switzerland. More information can be found at www.alcoa.com