Howmet Aerospace Inc. — Director's Dealing 2007

Jul 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2007-07-18

Reporting Person: BELDA ALAIN J P (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-18	Common Stock	S	64714	$46.11	Disposed	1929462	Direct
2007-07-18	Common Stock	S	53994	$46.10	Disposed	1875468	Direct
2007-07-18	Common Stock	S	93467	$46.09	Disposed	1782001	Direct
2007-07-18	Common Stock	S	33911	$46.08	Disposed	1748090	Direct
2007-07-18	Common Stock	S	51172	$46.07	Disposed	1696918	Direct
2007-07-18	Common Stock	S	40834	$46.06	Disposed	1656084	Direct
2007-07-18	Common Stock	S	60002	$46.05	Disposed	1596082	Direct
2007-07-18	Common Stock	S	34124	$46.04	Disposed	1561958	Direct
2007-07-18	Common Stock	S	36568	$46.03	Disposed	1525390	Direct
2007-07-18	Common Stock	S	400	$46.023	Disposed	1524990	Direct
2007-07-18	Common Stock	S	54905	$46.02	Disposed	1470085	Direct
2007-07-18	Common Stock	S	39200	$46.01	Disposed	1430885	Direct
2007-07-18	Common Stock	S	52156	$46.00	Disposed	1378729	Direct
2007-07-18	Common Stock	S	100	$45.99	Disposed	1378629	Direct
2007-07-18	Common Stock	S	300	$45.98	Disposed	1378329	Direct
2007-07-18	Common Stock	S	200	$45.97	Disposed	1378129	Direct
2007-07-18	Common Stock	S	900	$45.96	Disposed	1377229	Direct
2007-07-18	Common Stock	S	700	$45.95	Disposed	1376529	Direct
2007-07-18	Common Stock	S	1411	$45.94	Disposed	1375118	Direct
2007-07-18	Common Stock	S	400	$45.93	Disposed	1374718	Direct
2007-07-18	Common Stock	S	500	$45.92	Disposed	1374218	Direct
2007-07-18	Common Stock	S	6000	$45.91	Disposed	1368218	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Company Stock	7167	Indirect

Footnotes

F1: This Form 4 is 3 of 3 Form 4's filed to report the reporting person's transactions on July 18, 2007. Refer to all of the Form 4's filed this date for the reporting person.