Alcoa Participates in Better Buildings Roundtable at the White House

December 2, 2011

President of Alcoa Building and Construction Outlines Key Green
Building Solutions and Initiatives

NEW YORK–Alcoa (NYSE:AA) today participated in the White House Better Buildings
Roundtable, contributing to the national dialogue on how public-private
partnerships can advance the green building sector, drive innovation and
stimulate economic growth.

Glen Morrison, President, Alcoa Building and Construction Systems, took
part in the Roundtable as part of the Company’s commitment to the Better
Buildings, Better Plants Challenge, a U.S. Department of Energy
initiative aimed at making commercial buildings 20 percent more energy
efficient by 2020 and accelerating private sector investment in energy

“Last year, the buildings in which we work and live used roughly 40
percent of the energy in the U.S. economy at a cost of over $400
billion,” said Mr. Morrison.

“Through a variety of efficiency improvements we can make these
buildings more energy efficient, while creating jobs and building a
stronger economy.”

Non-residential green building activity is expected to triple between
2010 and 2015, according to McGraw-Hill Construction’s Green
Outlook 2011: Green Trends Driving Growth
. Alcoa Building and
Construction Systems is capturing this opportunity by bringing
innovative solutions to market, and in the last year has had a record
number of patents either issued or in process.

Recently announced Alcoa innovations include OptiQ™ Ultra Thermal
Windows, developed with the support of a grant from the U.S. Department
of Energy; the Kawneer product suite of high-performing curtain wall
systems, energy-saving sunshades and hurricane-resistant framing
solutions; and Reynobond® with EcoClean™, the first coil-coated
architectural building panel that cleans itself and the air around it.

Alcoa has joined President Obama’s Better Buildings, Better Plants
Challenge to improve energy efficiency in commercial and industrial
buildings across the country. The Company is implementing an
enterprise-wide energy reduction initiative to decrease energy use in
its Global Primary Products division by 10 percent and its other
businesses by 20 percent by 2020.

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

About Alcoa Building and Construction Systems

Alcoa Building and Construction Systems is a leading supplier of
architectural systems, services and building products to the global
construction market, serves customers throughout North America, Europe,
North Africa, Asia and the Middle East. Included in this business is the
Kawneer brand of architectural aluminum building products and systems,
the Alcoa Architectural Products business, which sells the Reynobond®
and Reynolux® brands of aluminum composite materials, and Alcoa
Architectuursystemen NL, which designs, develops and sells aluminum
profile systems for windows, doors, sliding patio doors, conservatories
and curtain walls throughout Europe. President of Alcoa Building and
Construction Systems, Mr. Glen Morrison, is widely regarded as a leading
thinker on the integration of building products and design solutions and
was recently named an honorary Senior Fellow of the Design
Futures Council
, an interdisciplinary network of U.S. design,
product and construction leaders looking to advance innovation and shape
the future of the commercial building industry.

Forward-Looking Statements

Certain statements in this release relate to future events and
expectations and as such constitute forward-looking statements involving
known and unknown risks and uncertainties that may cause actual results,
performance or achievements of Alcoa to be different from those
expressed or implied in the forward-looking statements. These statements
may be identified by the use of predictive, future-tense or
forward-looking terminology, such as “expects,” “is expected,”
“intends,” “plans,” “should,” “will,” or other words of similar meaning.
All statements that reflect Alcoa’s expectations, assumptions, or
projections about the future other than statements of historical fact
are forward-looking statements, including, without limitation, forecasts
concerning aluminum industry growth or other trend projections,
including expectations of growth in non-residential green building
activity, anticipated financial results or operating performance of
Alcoa or its businesses, and statements about Alcoa’s strategies,
objectives, goals, targets, outlook, and business and financial
prospects. Important factors that could cause actual results to differ
materially from those in the forward-looking statements include: (a)
material adverse changes in aluminum industry conditions, including
global supply and demand conditions and fluctuations in London Metal
Exchange-based prices for primary aluminum, alumina, and other products;
(b) unfavorable changes in general business and economic conditions, in
the global financial markets, or in the markets served by Alcoa,
including without limitation the building and construction market; (c)
Alcoa’s inability to achieve the level of energy efficiency or reduction
in energy use anticipated from its products, processes, innovations,
technology and other initiatives; (d) changes in competitive conditions,
including developments in technology, actions by competitors, and
innovations in products; and (e) the other risk factors summarized in
Alcoa’s Form 10-K for the year ended December 31, 2010 and other reports
filed with the Securities and Exchange Commission. Alcoa disclaims any
intention or obligation to update publicly any forward-looking
statements, whether in response to new information, future events or
otherwise, except as required by applicable law.