Geneva, Switzerland – November 27th, 2009 - Alcoa European Mill Products (EMP) announces today with immediate effect a further price increase on its conversion prices for all mill finish Commercial Rolled Products produced in their European operations Köfém/Hungary, Fusina/Italy and Amorebieta/Spain. This announcement follows earlier price increases published on EMP website www.alcoa.com/emp.

-  Deliveries to mainland Europe: for all orders placed on or after Nov 27th, 2009 a 20 €/MT increase on the base conversion revenue of January 2009 is effective for February 2010 deliveries.

-  Deliveries to the United Kingdom: for all orders placed on or after Nov 27th, 2009 a 30 £/MT increase on the base conversion revenue of January 2009 is effective for February 2010 deliveries.

-  For all orders to be delivered over the period March-December 2010 further upcharges will be applied.

 All existing orders and binding agreements confirmed before November 27th, 2009 will be honored.

About Alcoa European Mill Products (EMP)
Alcoa European Mill Products, headquartered in Geneva, Switzerland, is a leading manufacturer of aluminium flat rolled products and serves the commercial vehicle, automotive, building, industrial, consumer durables and aerospace markets. Alcoa's rolling mills supply a wide variety of products such as sheet, coil, circles, plate and tread plate, closure sheet, lithographic coil, bright products, foil and brazing. More information can be found at www.alcoa.com/emp. 

About Alcoa
Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components including flat-rolled products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa^® wheels, fastening systems, precision and investment castings, and building systems. The Company has been named one of the top most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland and has been a member of the Dow Jones Sustainability Index for eight consecutive years. Alcoa employs approximately 63,000 people in 31 countries across the world. More information can be found at www.alcoa.com