SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): March 20, 2000
REYNOLDS METALS COMPANY
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(Exact name of Registrant as specified in its charter)
Delaware 001-01430 54-0355135
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
6601 West Broad Street, P.O. Box 27003, Richmond, Virginia 23261-7003
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(Address of Principal Executive Offices) (Zip Code)
(804) 281-2000
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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ITEM 5. OTHER EVENTS
Alcoa Inc. and the Registrant issued the following press release
on March 20, 2000:
ALCOA AND REYNOLDS METALS EXTEND DOJ REVIEW TO MAY 1
PITTSBURGH, Pa., and RICHMOND, Va., March 20, 2000 - Alcoa Inc.
and Reynolds Metals Company today announced they have agreed to
provide the U.S. Department of Justice (DOJ) additional time to
review their proposed merger. The companies agreed to extend the
review period to May 1, 2000. Alcoa and Reynolds continue to
believe that the merger will be approved and expect completion in
the first half of 2000.
As previously reported, the pending merger is subject to review
in other jurisdictions, including the European Union, where a
final determination must be made no later than May 10. Reynolds
shareholders approved the merger on February 11.
Alcoa and Reynolds initially announced a definitive merger
agreement August 19, 1999. Under the terms of the agreement,
Alcoa will acquire all outstanding shares of Reynolds in a tax-
free, stock-for-stock transaction. Reynolds shareholders will
receive 1.06 shares of Alcoa common stock for each share of
Reynolds common stock.
Alcoa: (NYSE: AA)
Reynolds: (NYSE: RLM)
For additional information, please contact:
Joyce A. Saltzman
Alcoa
Phone: (412) 553-4467
Lou Anne J. Nabhan
Reynolds Metals Company
Phone: (804) 281-2171
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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.
REYNOLDS METALS COMPANY
By: D. MICHAEL JONES
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D. Michael Jones
Senior Vice President and General Counsel
Dated: March 21, 2000
