Howmet Aerospace Inc. — Director's Dealing 2007

Oct 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2007-10-01

Reporting Person: GHOSN CARLOS (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-01	Phantom Stock Units	$	A	1235	Acquired		Common Stock (1235)	Direct

Footnotes

F1: 1 For 1

F2: Phantom stock units were acquired under the Alcoa 2005 Deferred Fee Plan for Directors and are to be paid out in cash after Board service ends.