AMENDMENTS TO THE GLOBAL PENSION PLAN

Employee Benefits Plan Agreement

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This Employee Benefits Plan Agreement involves

ALCOA INC

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Title: AMENDMENTS TO THE GLOBAL PENSION PLAN
Date: 2/17/2006
Industry: Metal Mining

Exhibit 10(gg)(3)

AMENDMENTS TO THE

GLOBAL PENSION PLAN

1. Effective December 1, 2005, Section 4.1 is deleted in its entirety and restated as follows:

4.1 The amount of Benefit Credits and Earnings Credits in a Participant’s account will be distributed to the Participant as soon as administratively practicable following the date the Participant’s Continuous Service terminates. Notwithstanding t

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