TORRANCE, CA- July 23, 2007- Alcoa Fastening Systems (AFS) is continuing its gold-level sponsorship and support of the award-winning University of Michigan Solar Car Team that has won 4 national championships in the last 10 years. In addition to continued financial support with a gift of another $25,000 this year, AFS provides technical support, installation tools, and a great number of highly engineered fasteners usually reserved for high tech aerospace applications including the recently developed Ergo-Tech(R) and Spin-Lok(TM) fastening systems. "We are very happy to play a key role in the success of the U of M program," said Rick Sharpe, SVP of Aerospace Customers and Marketing for AFS. "This fine young team continues to push the envelope in design, integration of highly engineered materials, and advanced assembly techniques which is what we specialize in, so it is a natural fit. Plus, we hope to entice some of their bright engineers and business students to join the aerospace industry and AFS upon graduation," Sharpe added.

The U of M Solar Team is busy at work on their next generation vehicle "Continuum," and AFS anticipates many more championships and years of collaboration to come. For more information about the team, visit their web site at: www.umsolar.com

Alcoa Fastening Systems, a business unit of Alcoa (NYSE:AA), is a leading worldwide designer and manufacturer of fastening systems, specialty fasteners, components, and installation systems for aerospace and commercial product assembly. Headquartered in Torrance, California, the company has 6,600 employees, and manufactures at 19 locations in 9 countries. AFS also operates 7 worldwide distribution/logistics centers.

For more information about Alcoa Fastening Systems, visit www.alcoafasteners.com. For information about its complete line of Aerospace Products, please contact Ms. Anne Brown, Manager, Global Marketing Communications, Tel: 1 714 449 4374; Fax: 1714 278 8726; e-mail: anne.brown@alcoa.com.

Alcoa Inc.

Alcoa Inc.

Alcoa (NYSE:AA) is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, and is active 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, Alcoa also markets consumer brands including Reynolds Wrap® foils and plastic wraps, Alcoa® wheels, and Baco® household wraps. Among its other businesses are closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 129,000 employees in 44 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

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