Allegheny Technologies Incorporated (NYSE:ATI) announced today that its Board of Directors declared a quarterly cash dividend of $0.18 per share of common stock. The dividend is payable on March 28, 2012 to stockholders of record at the close of business on March 14, 2012.

Building the World's Best Specialty Metals Company®

Allegheny Technologies Incorporated is one of the largest and most diversified specialty metals producers in the world with revenues of approximately $5.2 billion during 2011. ATI has approximately 11,400 full-time employees world-wide who use innovative technologies to offer global markets a wide range of specialty metals solutions. Our major markets are aerospace and defense, oil and gas/chemical process industry, electrical energy, medical, automotive, food equipment and appliance, machine and cutting tools, and construction and mining. Our products include titanium and titanium alloys, nickel-based alloys and superalloys, grain-oriented electrical steel, stainless and specialty steels, zirconium, hafnium, niobium, tungsten materials, forgings, castings, and fabrication and machining capabilities. The ATI website is www.ATImetals.com.

Allegheny Technologies Incorporated
Dan L. Greenfield, 412-394-3004