ATI Allegheny Ludlum Announces Stainless Price Increases.

PITTSBURGH -- Allegheny Technologies Incorporated (NYSE:ATI) announced that ATI Allegheny Ludlum is increasing selling prices of cold-rolled and hot-rolled stainless sheet and strip products, including tubular quality, and continuous-mill-plate and Precision Rolled Strip(R) products, by approximately 6%. These price increases are effective with shipments beginning August 7, 2006.

In addition, the ATI Allegheny Ludlum Specialty Plate business unit is increasing selling prices by approximately 5% for 300 series alloys and approximately 10% for 400 series alloys of stainless plate-mill-plate products. These price increases are effective with shipments beginning August 7, 2006.

These increases are necessary to support capital investments and growth. All surcharges remain in effect as described on the Allegheny Ludlum website www.alleghenyludlum.com.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainties and changes in circumstances. Actual results may differ materially from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Allegheny Technologies' filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.

ATI Allegheny Ludlum is a world leader in the production and marketing of sheet, plate, and strip specialty metals including stainless steel, nickel-based alloys, titanium, and titanium-based alloys, grain-oriented silicon electrical steel and tool steel. ATI Allegheny Ludlum's website can be found at www.alleghenyludlum.com.

Building the World's Best Specialty Metals Company(TM)

Allegheny Technologies Incorporated is one of the largest and most diversified specialty metals producers in the world with revenues of $3.7 billion during the most recent four quarters ending March 31, 2006. ATI has approximately 9,300 full-time employees world-wide who use innovative technologies to offer growing global markets a wide range of specialty metals solutions. Our major markets are aerospace and defense, chemical process industry/oil and gas, 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, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, grain-oriented silicon electrical steel and tool steels, and forgings and castings. The Allegheny Technologies website is www.alleghenytechnologies.com.