Alcoa Names Kelly Pasterick Director Investor Relations

November 15, 2011

Patricia Figueroa Joins Company as Manager Investor Relations

NEW YORK–Alcoa (NYSE:AA) announced, effective December 1, Kelly Pasterick will
become Director, Investor Relations, succeeding Roy Harvey, who was
recently named chief financial officer of Global Primary Products.
Pasterick is currently Manager, Corporate Treasury. In her new role, she
will report to Alcoa Executive Vice President and Chief Financial
Officer Charles McLane.

In her present assignment, Pasterick executes capital market
transactions, including Alcoa’s recent debt transactions and revolving
credit facility renewal, and she was instrumental in developing an
extensive Enterprise Risk Management program to identify, assess and
monitor enterprise risk.

“Kelly has a reputation for quickly synthesizing complex details and
conveying them clearly to her audiences,” McLane said. “This talent will
serve her well in working with Alcoa’s investors and analysts.”

In addition, Patricia Figueroa will join Alcoa as Manager, Investor
Relations, reporting to Pasterick. Most recently she was a research
manager at Blue Heron Research Partners based in New York.

“Patricia’s experience in industry and company analysis will serve her
well in this assignment. We welcome Patricia to Alcoa and our Finance
group,” McLane said.

Biographical Information follows:

Kelly Pasterick

Kelly Pasterick, as Manager of Corporate Treasury for Alcoa based in its
New York Office, is responsible for capital market deals including debt
transactions and in the development of an extensive Enterprise Risk
Management program. Pasterick joined Alcoa in 2005 as Manager of SOX
Compliance, implementing a global internal control program to ensure
Alcoa’s compliance under Sarbanes-Oxley 404 requirements.

Earlier, Pasterick held roles in Alcoa’s Financial Policy and
Transactions and Financial Planning and Analysis areas, where she was
responsible for providing U.S. general accounting standards support to
Alcoa’s businesses in Russia, delivering accounting guidance on foreign
currency translation and receivable securitization, as well as
delivering segment analysis to support quarterly earnings reporting.

Before coming to Alcoa, Pasterick was Vice President and Controller,
Unregulated Business, at Duquesne Light Holdings Inc. in Pittsburgh. In
that role, she was responsible for accounting, financial analysis and
business integration efforts for several unregulated and alternative
fuel businesses. She began her career as a market analyst for Equitable
Gas Company, Pittsburgh.

Pasterick earned an MBA from the University of Pittsburgh, a bachelor’s
degree in Accounting from Duquesne University and is a Certified Public
Accountant in the state of Pennsylvania. In 2011, Pasterick was selected
as a member to the Council on Foreign Relations Corporate Leaders

Patricia Figueroa

Patricia Figueroa joins Alcoa as Manager of Investor Relations. Most
recently, she was a research manager at Blue Heron Research Partners.
Figueroa has experience conducting fundamental industry and company
analysis as well as management due diligence. She also served as Manager
of Commercial Operations and Manager of Administration and Finance for
Kenworth Olmeca Maya, a truck dealership with operations in seven
Mexican states. Patricia holds an MBA in Finance from Columbia Business
School, an MA in Social Psychology from New York University, and a BS in
Business Administration from Universidad de las Americas (Mexico).

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 Alcoa® 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. More information can be found at