NEW YORK–Alcoa (NYSE: AA) announced today that Keith Walton has been named Vice
President, Government Affairs, effective January 4, 2011. He succeeds
Russell Wisor, who is retiring after 33 years of service.

Walton will lead all of Alcoa’s federal and state government affairs
activities in the U.S. He will be based in the company’s government
affairs office in Washington, DC.

“Keith brings to Alcoa a wealth of experience,” said Daniel Cruise,
Alcoa’s Vice President, Global Government and Public Affairs. “We know
he will represent Alcoa effectively as we continue to grow the role
Alcoa aluminum plays in strengthening the U.S. economy and enhancing the
sustainability of everything from beverage containers to automobiles. We
expect him to have a long and successful career.”

A native of Birmingham, AL, Walton has served as of counsel to Nelson,
Mullins, Riley & Scarborough, and as principal and chief administrative
officer of Global Infrastructure Partners. He also has served as
executive vice president and secretary of the university at Columbia
University in New York City.

Walton served at the United States Department of the Treasury as deputy
chief of staff and chief of staff to the under secretary for
Enforcement, Treasury’s chief law enforcement official. He assisted the
under secretary in supervising federal law enforcement organizations
that were Treasury bureaus at the time, including the U.S. Secret
Service, Customs Service, ATF and IRS Criminal Investigative Division.
He also served as deputy director of the White House Security Review.

Walton is an honors graduate of Yale College and the Harvard Law School.
He is a member of the American Law Institute, the Council on Foreign
Relations, and the Trilateral Commission. He was a 2005 Henry Crown
Fellow of the Aspen Institute.

Walton succeeds Russell Wisor, who will retire effective February 1.
“Russ Wisor has made enormous contributions to Alcoa, the aluminum
industry and the U.S. economy over more than three decades,” Cruise
said. “We wish him the very best for a long and enjoyable retirement.”

About Alcoa

Alcoa is the world’s leading producer of primary aluminum, fabricated
aluminum and alumina. In addition to inventing the modern-day aluminum
industry, Alcoa innovation has been behind major milestones in the
aerospace, automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for nine consecutive years and approximately
75 percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.