Alcoa Recognized as Having the Best Safety Performance in the Aluminum Industry

NEW YORK--(Business Wire)--
Alcoa (NYSE:AA) announced today that it was the recipient of the
International Aluminium Institute's award for Best Safety Performance
in the Worldwide Aluminum Industry for 2006 during the organization's
Annual General Meeting in Cape Town, South Africa, last week. The IAI
is the global forum of the world's aluminum producers. The Institute
has 25 member companies; together these companies represent more than
80% of world primary aluminum production.

Alcoa's Pocos de Caldas, Brazil, Operations was honored in two
categories: Best Performing Mine and its 96,000-metric-ton-per-year
aluminum smelter won in the Best Performing Smelter in the category of
greater than 1.3 million hours worked. Alcoa's San Ciprian alumina
refinery in Spain won as the Best Performing Refinery in the less than
2 million hours worked category.

Data for 18 mines, 35 refineries and 102 smelters worldwide was
collected and evaluated by the Institute. The top performers in safety
are determined following a rigorous multi-stage assessment that
includes reviews of Total Recordable Incident Frequency, Lost Time
Incident Frequency, and Incident Severity Rate, together with
improvements on the previous year's performance. Short-listed plants
also carry out a self-assessment, followed by an on site assessment by
the IAI.

"We are extremely proud that Alcoa is leading the way in safety
performance in the worldwide aluminum industry," said Alcoa Chairman
Alain Belda. "This accomplishment is a result of the dedicated effort
of all Alcoa employees to work safely and a firm belief that safety is
the highest internal priority at Alcoa."

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(R) wheels, fastening systems,
precision and investment castings, and building systems. The Company
has 97,000 employees in 34 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

Note to Editors: The "c" in "Pocos" should have a cedilla.

Alcoa Inc.
Kevin G. Lowery, 412-553-1424

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