Alcoa Embraces Decision on Vatnajokull National Park



    REYDARFJORDUR, ICELAND & NEW YORK, March 28 /CNW/ - Alcoa Inc. (NYSE:  AA),
today announced it embraces the decision of Althing (Parliament of Iceland) to
establish Europe's biggest natural reserve. The Vatnajokull National Park will
cover a total of 15,000 square kilometres (just under 6,000 square miles).
Europe's biggest glacier, Vatnajokull, is fully incorporated in the national
park.

    Alcoa has for several years supported the creation of and has monitored
the preparations for the establishment of the Vatnajokull National Park and
its underlying ambitious ideology. "We salute Althing for taking this
important step to support the establishment of this unique wilderness national
park," said Tomas Sigurdsson, Managing Director of Alcoa Fjardaal in Iceland.
"We have long supported protecting this natural reserve as it is part of our
sustainability philosophy."

    Preparations for the Vatnajokull National Park began as early as in 1999
when Althing passed a parliamentary resolution to establish the park. A bill
of law on the national park was passed recently by a large majority of
parliamentarians.

    Alcoa is the world's leading producer and manager of primary aluminum,
fabricated aluminum and alumina facilities, and is active 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, Alcoa also
markets consumer brands including Reynolds Wrap(R) foils and plastic wraps,
Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are
closures, fastening systems, precision castings, and electrical distribution
systems for cars and trucks. The company has 123,000 employees in 44 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 www.alcoa.com




For further information:

For further information: Alcoa Inc. Investor Contact Tony Thene,
212-836-2674 or Media Contact Kevin G. Lowery, 412-553-1424 Mobile
724-422-7844

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