Alcoa Recognized as Corporate Champion by The Women's Forum of New York

NEW YORK--November 2, 2011: Alcoa was honored today by The Women's Forum of New York as a Corporate Champion for having 30 percent of its Board of Directors composed of women.

“Alcoa's women Board members - Judy Gueron, Kathryn Fuller and Pat Russo - have greatly impacted Alcoa's success”

Alcoa was one of 52 companies in the tri-state area recognized at the organization's Breakfast of Corporate Champions held this morning at the New York Stock Exchange.

"Alcoa's women Board members - Judy Gueron, Kathryn Fuller and Pat Russo - have greatly impacted Alcoa's success," said Alcoa Chairman and CEO Klaus Kleinfeld. "Their broad experience and unique perspectives have distinguished them as outstanding leaders and valued role models at Alcoa."

Dr. Judith Gueron is Alcoa Lead Director, elected to the Board in 1988. She also is Chairwoman of the Governance and Nominating Committee and a member of the Executive Committee and the Public Issues Committee. Dr. Gueron is Scholar in Residence at MDRC, a nonprofit research organization that designs, manages and studies projects to increase the self-sufficiency of economically disadvantaged groups.

Kathryn Fuller was elected to Alcoa's Board of Directors in 2002 and is a member of the Compensation and Benefits Committee and Public Issues Committee. Ms. Fuller is Chair of the Smithsonian's National Museum of Natural History. She retired as Chair of the Ford Foundation in 2010, having served in that position for six years. Ms. Fuller is the retired President and Chief Executive Officer of World Wildlife Fund (US), one of the world's largest nature conservation organizations, which she joined in 1989.

Patricia Russo joined Alcoa's Board of Directors in 2008 and serves as the Chairwoman of the Compensation and Benefits Committee. She is also a member of the Executive Committee and the Governance and Nominating Committee. She is the former chief executive officer of Lucent Technologies and its successor, Alcatel-Lucent, a communications equipment manufacturer. Besides serving on Alcoa's Board, she is the lead director of GM, and is a member of the boards at Merck & Co., Hewlett-Packard and Kohlberg Kravis-Roberts & Co.

About Alcoa

Alcoa is the world's leading producer of primary and fabricated aluminum, as well as the world's largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoaź wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa's operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for 10 consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world.