Alcoa Names Huber President - Alcoa European Region

Alcoa today announced it has named Rudolph P. (Rudi) Huber, 52, President - Alcoa European Region, responsible for coordinating human resources, media, legal, and government affairs for Alcoa's operations in the European region, including Russia.

Huber replaces Ricardo (Ric) Belda, 61, who will end his 38-year career with Alcoa at the end of 2006.

Huber currently oversees Alcoa's Global Business Services and is the Company's CIO, where he is responsible for leveraging the global transactional processes for finance and human resources and expert services for information technology and procurement. In his new role, he will help coordinate Alcoa's activities and profile across Europe, where the company has 100 facilities in 16 countries and more than 39,000 employees. Alcoa European revenues in 2005 were approximately $6 billion.

Huber will continue to report to Joseph Muscari, Alcoa's Executive Vice President and Chief Financial Officer. He will be based in Geneva, Switzerland at the Company's European headquarters.

"During Ric's 38 years with Alcoa he held significant general management roles on three continents that laid the groundwork for global growth," said Alain Belda, Alcoa Chairman and CEO.

"Most recently, Ric led a team that transformed our European operations, doubling the number of facilities from 1998, tripling revenues and moving the company into new countries. He also has overseen the important integration of our new Russian facilities into Alcoa. He has driven results, and has set the stage for continued value creation for shareowners," said Belda.

In 1998 Alcoa's European operations consisted of 48 facilities, 18,000 employees in 12 countries, and revenues of $2.1 billion.

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600450 Alcoa Names Huber President - Alcoa European Region
Date: 15 May 2006

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