Alcoa Announces Preliminary Results of Tender Offer for 6.00% Notes due 2013 and Extension of Early Tender Date

Alcoa AA announced today preliminary results of its Maximum Tender Offer for its outstanding 6.00% Notes due 2013. As of the Maximum Tender Early Tender Date, which was 5 p.m. Eastern Time on April 28, 2011, the aggregate principal amount of 6.00% Notes validly tendered and not withdrawn was $319,940,000, representing 42.66% of the $750,000,000 aggregate principal amount of the 6.00% Notes outstanding. Alcoa also announced today the extension of the Maximum Tender Early Tender Date to coincide with the final expiration of the Maximum Tender Offer. Accordingly, all holders of 6.00% Notes that are validly tendered at or prior to 5 p.m. Eastern Time on May 12, 2011, unless extended or earlier terminated, and that are accepted for purchase pursuant to the Maximum Tender Offer, will receive the applicable tender offer consideration plus the applicable early tender premium.