SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 1, 2002 ALCOA INC. ---------- (Exact name of Registrant as specified in its charter) Pennsylvania 1-3610 25-0317820 ------------ ------ ---------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification Number) 201 Isabella Street, Pittsburgh, Pennsylvania 15212-5858 - --------------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) Office of Investor Relations 212-836-2674 Office of the Secretary 412-553-4707 ---------------------------------------------- (Registrant's telephone number, including area code)

Item 5. OTHER EVENTS. Alcoa Inc. announced today that it has completed its previously announced agreement to acquire Chicago-based Ivex Packaging Corporation. A copy of the press release is filed herewith as Exhibit 99 and is hereby incorporated herein by reference. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits 99 Press Release dated July 1, 2002. 2

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALCOA INC. By: /s/ Lawrence R. Purtell ------------------------------- Lawrence R. Purtell Executive Vice President and General Counsel Dated: July 1, 2002 3

INDEX TO EXHIBITS Exhibit No. Description - ----------- ----------- 99 Press Release dated July 1, 2002. 4

Exhibit 99 Editorial Contact: Kevin G. Lowery Alcoa Inc. 412-553-1424 Investor Relations: Charles D. McLane, Jr. Alcoa Inc. 212-836-2674 Alcoa Completes Acquisition of Ivex Packaging Corporation; Move Broadens Alcoa's Position in the Foodservice and Consumer Packaging Industry PITTSBURGH, July 1, 2002--Alcoa Inc. announced today that it has completed its previously announced agreement to acquire Chicago-based Ivex Packaging Corporation. Shareholders of Ivex will receive $21.50 per share in cash. The acquisition excludes Ivex's 48.2% interest in Packaging Dynamics Corporation, which will be distributed to Ivex's shareholders. Ivex is a leading manufacturer of specialty plastic packaging for the food, electronic, medical, and retail markets with revenues totaling $643 million in 2001. Ivex has approximately 3,700 employees primarily in North America, as well as Europe and Southeast Asia. It will become part of Alcoa's global packaging and consumer business, which had 2001 revenues of $2.7 billion and after-tax operating income of $185 million. Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses as a single solution to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) aluminum foil, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, precision castings, and electrical distribution systems for cars and trucks. The company has 129,000 employees in 38 countries. # # # Alcoa (NYSE: AA)