Alcoa Board Approves Quarterly Dividend

The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly
common stock dividend of 3 cents per share payable February 25, 2013 to
shareholders of record at the close of business on February 8, 2013 and
(b) a quarterly dividend of 93.75 cents per share on Alcoa′s $3.75
cumulative preferred stock payable April 1, 2013 to shareholders of
record at the close of business on March 15, 2013.

About Alcoa

Alcoa is the world′s leading producer of primary and fabricated
aluminum, as well as the world′s largest miner of bauxite and refiner of
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 125 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 11 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 61,000 people in 30
countries across the world. For more information, visit www.alcoa.com
and follow @Alcoa on Twitter
at twitter.com/Alcoa.

Alcoa

Investor Contact

Kelly Pasterick, 212-836-2674

or

Media
Contact

Monica Orbe, 212-836-2632