July 26, 2006 — Allegheny Technologies Inc. announced that ATI Allegheny Ludlum is increasing selling prices of cold-rolled and hot-rolled stainless sheet and strip products by approximately 6%. The increases, which will apply to all tubular quality, and continuous-mill-plate and Precision Rolled Strip^(R) products, are effective with shipments beginning August 7, 2006.

The company also announced that 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 also effective with shipments beginning August 7, 2006.

The company said the increases are necessary to support capital investments and growth. All surcharges remain in effect as described on the Allegheny Ludlum website.

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.