Alcoa President and CEO Klaus Kleinfeld to Present at Sanford C. Bernstein Strategic Decisions Conference

May 28, 2009

NEW YORK–Alcoa (NYSE:AA) announced today that Klaus Kleinfeld, President and CEO,
will speak to investors and securities analysts at the 2009 Sanford C.
Bernstein Strategic Decisions Conference on Friday, May 29, 2009, at 9
a.m. at the Waldorf-Astoria Hotel in New York.

Mr. Kleinfeld will discuss aluminum industry fundamentals, and outline
operational and financial actions the Company has made to enable Alcoa
to emerge from the downturn even stronger when the economy recovers. Mr.
Kleinfeld will also outline the prospects for the aluminum industry and
show how Alcoa is well positioned for the future with 90 percent of
revenues coming from #1 or #2 share positions.

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® wheels, fastening
systems, precision and investment castings, and building systems. The
Company has been named one of the top most sustainable corporations in
the world at the World Economic Forum in Davos, Switzerland and has been
a member of the Dow Jones Sustainability Index for seven consecutive
years. More information can be found at