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Howmet Aerospace Inc. Director's Dealing 2004

Apr 12, 2004

Director's Dealing

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Issuer: ALCOA INC (AA)
CIK: 0000004281
Period of Report: 2004-04-08

Reporting Person: KELSON RICHARD B (Exec. VP and CFO)

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-08	Phantom Stock Units	$	I	10216	Acquired		Common Stock (10216)	Direct

F1: 1 For 1

F2: Phantom stock units were acquired under the Alcoa Deferred Compensation Plan and are to be paid out in cash after termination of employment.