We're proud of our record fourth-quarter results and fourth consecutive year of double-digit earnings increases despite rising funding costs and related industry-wide pressure on margins.

The first two quarters of last year were OK but not stellar. If we still have double digit increases in earnings during the third quarter, that would be good news.

Apparel retailers were showing strong double-digit increases over last year. Jewelry retailers also showed strong sales,

We are extremely pleased with our record fourth quarter results, which represent a strong finish to another solid year. The positive momentum we experienced during the holiday season gives us a heightened degree of confidence as we head into 2006.

Earnings were up 6 percent from the first quarter, making the second quarter of 2000 Alcoa's eighth consecutive quarter of improved earnings,

It has a phenomenal record -- it's up to 49 consecutive years of dividend increases -- one of strongest records that we're aware of.