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: 2007-07-17

Reporting Person: CHRISTOPHER WILLIAM F (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-17	Common Stock	S	2390	$46.30	Disposed	294759	Direct
2007-07-17	Common Stock	S	1900	$46.29	Disposed	292859	Direct
2007-07-17	Common Stock	S	200	$46.285	Disposed	292659	Direct
2007-07-17	Common Stock	S	961	$46.28	Disposed	291698	Direct
2007-07-17	Common Stock	S	4475	$46.27	Disposed	287223	Direct
2007-07-17	Common Stock	S	1500	$46.26	Disposed	285723	Direct
2007-07-17	Common Stock	S	5966	$46.25	Disposed	279757	Direct
2007-07-17	Common Stock	S	400	$46.24	Disposed	279357	Direct
2007-07-17	Common Stock	S	1100	$46.23	Disposed	278257	Direct
2007-07-17	Common Stock	S	2100	$46.22	Disposed	276157	Direct
2007-07-17	Common Stock	S	600	$46.21	Disposed	275557	Direct
2007-07-17	Common Stock	S	1320	$46.20	Disposed	274237	Direct
2007-07-17	Common Stock	S	900	$46.19	Disposed	273337	Direct
2007-07-17	Common Stock	S	1600	$46.18	Disposed	271737	Direct
2007-07-17	Common Stock	S	3400	$46.17	Disposed	268337	Direct
2007-07-17	Common Stock	S	500	$46.16	Disposed	267837	Direct
2007-07-17	Common Stock	S	400	$46.15	Disposed	267437	Direct
2007-07-17	Common Stock	S	800	$46.14	Disposed	266637	Direct
2007-07-17	Common Stock	S	1449	$46.13	Disposed	265188	Direct
2007-07-17	Common Stock	S	1300	$46.12	Disposed	263888	Direct
2007-07-17	Common Stock	S	700	$46.11	Disposed	263188	Direct
2007-07-17	Common Stock	S	6768	$46.10	Disposed	256420	Direct
2007-07-17	Common Stock	S	740	$46.08	Disposed	255680	Direct
2007-07-17	Common Stock	S	100	$46.07	Disposed	255580	Direct
2007-07-17	Common Stock	S	2330	$46.06	Disposed	253250	Direct
2007-07-17	Common Stock	S	200	$46.05	Disposed	253050	Direct
2007-07-17	Common Stock	S	400	$46.03	Disposed	252650	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7201	Indirect

Footnotes

F1: This Form 4 is 3 of 3 Form 4's filed to report the reporting person's transactions on July 17, 2007. Refer to all of the Form 4's filed this date for the reporting person.