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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14D-9
SOLICITATION/RECOMMENDATION STATEMENT
UNDER SECTION 14(D)(4) OF THE
SECURITIES EXCHANGE ACT OF 1934
HOWMET INTERNATIONAL INC.
(Name of Subject Company)
HOWMET INTERNATIONAL INC.
(Name of Person Filing Statement)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
443208 103
(Cusip Number of Class of Securities)
Roland A. Paul
Vice President and General Counsel
Howmet International Inc.
475 Steamboat Road
Greenwich, Connecticut 06836-1960
(203) 661-4600
(Name, Address and Telephone Number of Person
Authorized to Receive Notice and Communications
On Behalf of the Person Filing Statement)
[X] Check the box if the filing relates solely to preliminary communications
made before the commencement of a tender offer.
<PAGE>
On April 13, 2000, Howmet International Inc. issued a press release
containing the following text:
NEWS RELEASE [HOWMET LOGO]
For:
HOWMET INTERNATIONAL INC.
475 Steamboat Road
Greenwich, CT 06830-7144
Contact: Roland Paul
203-625-8770 Tel
Release date: 13 April 2000
HOWMET RESPONDS TO ALCOA ANNOUNCEMENT
Greenwich, Conn., April 13/PRNewswire/ -- Howmet International Inc. (NYSE:HWM)
(http://www.howmet.com) said today, in response to Alcoa Inc.'s announcement
that it plans to commence a cash tender offer for all outstanding Howmet
International shares, that Alcoa's offer will be considered by the Independent
Directors Committee and the Board of Directors of Howmet International following
the formal commencement of the tender offer. Within ten business days following
the formal commencement of Alcoa's tender offer, Howmet International will
advise stockholders of its position regarding the offer, and state its reasons
for such position. Accordingly, Howmet International suggests that its
stockholders may wish to defer making a determination whether to accept or
reject Alcoa's offer until they have been advised of Howmet International's
position with respect to the offer. The Alcoa offer is not being made pursuant
to an agreement with Howmet International or its Independent Directors
Committee.
Stockholders of Howmet International are strongly advised to read Howmet
International's solicitation/recommendation statement, when it becomes
available, regarding the tender offer referred to in this press release, because
it will contain important information. Stockholders may obtain a free copy of
the solicitation/recommendation statement, which will be filed by Howmet
International with the Securities and Exchange Commission, at the SEC's web site
at http://www.sec.gov. Stockholders may also obtain, without charge, a copy of
the solicitation/recommendation statement, when available, by directing requests
to Howmet International's Public Relations department.
Headquartered in Greenwich, CT, Howmet is the world's largest manufacturer of
precision castings, primarily for jet aircraft and industrial gas turbine
engines. Howmet and its subsidiaries operate 29 production facilities in the
United States, Canada, France, the United Kingdom and Japan.
