The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly
common stock dividend of 3 cents per share payable February 25, 2014 to
shareholders of record at the close of business on February 7, 2014 and
(b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75
cumulative preferred stock payable April 1, 2014 to shareholders of
record at the close of business on March 14, 2014.

About Alcoa

Alcoa is a global innovation leader in lightweight metals, products and
solutions. Its technology, expertise and industry reach continue to
advance automotive and aerospace transportation, building and
construction, consumer electronics and packaging, defense applications
across air, land and sea, and the oil and gas industry. Alcoa pioneered
the modern-day aluminum industry 125 years ago and today is a leader in
delivering value-add products made from a range of lightweight metals
and flat-rolled aluminum. Alcoa is also a world leading producer of
primary aluminum, as well as the world’s largest miner of bauxite and
refiner of alumina. Alcoa has been a member of the Dow Jones
Sustainability Index for 12 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 60,000 people in 30
countries around the world. For more information, visit www.alcoa.com,
follow @Alcoa on Twitter at www.twitter.com/Alcoa
and follow us on Facebook at www.facebook.com/Alcoa.

Alcoa
Investor Contact:
Kelly Pasterick, 212-836-2674
Kelly.Pasterick@alcoa.com
or
Media Contact:
Monica Orbe, 212-836-2632
Monica.Orbe@alcoa.com