CSR Press Release

NEW YORK, NY - March 10, 2008 - For the 25th year in a row, Alcoa (NYSE:AA) has been named to FORTUNE Magazine's "Most Admired" list. The annual ranking is the definitive report card on corporate reputations.

For its survey of 622 companies in 65 industries, FORTUNE asked industry executives, directors and securities analysts to rate companies on eight criteria ranging from investment value to social responsibility.

Last December, FORTUNE named Alcoa to its 2007 Blue-Ribbon Companies list, an honor recognizing companies that appear on at least four FORTUNElists in a calendar year. Alcoa has also attained recognition as a top role model in sustainable business practices, when named one of the most sustainable corporations in the world for the fourth year in a row at the World Economic Forum in Davos, Switzerland. Alcoa was the only U.S. based company named to the list from the Materials sector.

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

For more information, please contact: