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ALCOA INC

This is provided for informational purposes only and does not constitute investment advice.

Your VOTE is important! VOTE your shares at the following website: www.proxyvote.com or by telephone at 1-800-454-8683.

Ticker: AA
Shareholder Meeting Date: 04/23/2010
Total Shares Voted: 1,835,590
Number Description /Reason Vote
1. Elect Directors
CalPERS is withholding from nominee C. Ghosn for serving on an excessive number of public company boards.
Withhold from nominee C. Ghosn
2. Ratify Auditor For
3. Adopt Majority Voting for Uncontested Election of Directors For
4. Reduce Supermajority Vote Requirement Relating to Fair Price Protection For
5. Reduce Supermajority Vote Requirement Relating to Director Elections For
6. Reduce Supermajority Vote Requirement Relating to the Removal of Directors For
7. Shareholder Proposal Adopt Simple Majority Vote
CalPERS believes a majority of proxies cast should be required to elect a director.
For