Looking to the Future:  Taking Action Today

Looking to the Future: Taking Action Today

June 17, 2006

This periodic newsletter offers a roundup of recent highlights from Alcoa’s operations worldwide. Taken individually, these summaries provide insight into Alcoa’s performance in the economic, environmental, and social realms. Taken together, they reveal the breadth of activity that ultimately delivers a sustainable outcome.

More detail about Alcoa can be found on our website, www.alcoa.com.

Alcoa Launches New Sustainability Website

Alcoa’s new sustainability website gives stakeholders access to more detailed and current information on the company’s sustainability performance and is supplemented by a year-end highlights document.

Alcoa World Alumina Signs MOU for Bauxite, Alumina Refinery

Alcoa World Alumina and Chemicals has signed a memorandum of understanding with Vietnam National Coal-Minerals Industries Group to explore the feasibility of creating a joint venture to develop a bauxite mine and alumina refinery in the Dak Nong Province of Vietnam.

Alcoa Opens First Plant in Bulgaria to Produce Consumer Products

Alcoa has opened a plant in Stara Zagora, Bulgaria, to produce household wraps products, including foil, film and disposer bags. This is the first Alcoa facility in Bulgaria.

Alcoa and Nike Team up to Form Licensing Partnership

Alcoa’s Global Engineered Products business has signed a multi-year contract with Nike to supply specialty aluminum drawn tube for the sports giant’s premium brand baseball bats.

Alcoa Introduces Hurricane-Resistant Architectural Panel System

Alcoa introduced a durable architectural panel system is designed to withstand wind-borne debris and wind speeds common in hurricanes up to a Category 3 storm.

Alcoa’s Hydropower Strategy Goes with the Flow

Alcoa’s recognition as a 2005 Outstanding Stewardship of America’s Rivers award recipient by the National Hydropower Association and the 2005 certification of Alcoa’s Tapoco hydroelectric facility in the U.S. as an environmentally responsible, low-impact hydropower project underscore Alcoa’s commitment to increase its use of this form of renewable energy and demonstrate sustainability and environmental responsibility.

Lafayette Operations Earns Safety Award

Alcoa’s Lafayette, Indiana, USA, facility earned a 2005 Occupational Excellence Achievement Award for Safety Excellence from the U.S. National Safety Council.

Alcoa Supplier Helps Employees Help Themselves

A Canadian enterprise that sells 75% of its protective clothing and equipment to Alcoa provides employment opportunities for people with mental or physical limitations that would normally limit their ability to find jobs.

Alcoa Donates US$280,000 to Iceland Projects

Alcoa donated US$280,000 for various projects in support of the national parks in Skaftafell and Jokulsar-Canyon, Iceland.

We welcome your comments or questions on Alcoa’s sustainability efforts. We won’t necessarily reply to every e-mail we receive, but we do read and consider them all.