DBRS Releases Report on Alcoa

DBRS has today released a report on Alcoa Inc. (Alcoa or the Company) that supports the recent confirmation of the Company’s BBB long-term and R-2 (middle) short-term ratings.
The trend for both ratings is Stable.

Alcoa is one of the world’s largest integrated aluminum producers. With the rebound in economic conditions continuing during 2010, the Company’s earnings profile exhibited decent recovery as hesitant growth in Europe and North America supplemented much stronger growth in China and other emerging markets, driving up demand and prices for many commodities, including aluminum. DBRS’s rating confirmation and Stable trends are supported by the fact that Alcoa’s results were significantly improved in 2010 and further improvement has been observed in the first half of 2011, which is expected to continue for the rest of the year.

Today’s report and the July 26, 2011, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.