<SEC-DOCUMENT>0001157523-16-004279.txt : 20160126
<SEC-HEADER>0001157523-16-004279.hdr.sgml : 20160126
<ACCEPTANCE-DATETIME>20160126073938
ACCESSION NUMBER:		0001157523-16-004279
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160126
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160126
DATE AS OF CHANGE:		20160126

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALLEGHENY TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001018963
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL PIPE & TUBES [3317]
		IRS NUMBER:				251792394
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12001
		FILM NUMBER:		161359978

	BUSINESS ADDRESS:	
		STREET 1:		1000 SIX PPG PLACE
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15222
		BUSINESS PHONE:		4123942800

	MAIL ADDRESS:	
		STREET 1:		100 SIX PPG PLACE
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15222

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALLEGHENY TELEDYNE INC
		DATE OF NAME CHANGE:	19960716
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51265793.htm
<DESCRIPTION>ALLEGHENY TECHNOLOGIES INCORPORATED 8-K
<TEXT>
<html>
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    <title></title>
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  <body style="font-family: Times New Roman; font-size: 10pt">
    <p style="text-align: center">
      <br>
      <br>
      <font style="font-family: Times New Roman; font-size: 11pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 11pt"><br style="font-family: Times New Roman; font-size: 11pt"></font><font style="font-family: Times New Roman; font-size: 11pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-family: Times New Roman; font-size: 11pt"><b>Washington,
      DC 20549</b></font><br><br><font style="font-family: Times New Roman; font-size: 14pt"><b>FORM
      8-K</b></font><br><br><br><font style="font-family: Times New Roman; font-size: 13pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 11pt"><b>
      Pursuant to Section 13 or 15(d) of the</b></font><br><font style="font-family: Times New Roman; font-size: 11pt"><b>Securities
      Exchange Act of 1934</b></font><br><br><br>
    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; margin-bottom: 10.0px; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; width: 40%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">Date
            of Report (Date of earliest event reported):</font>
          </p>
        </td>
        <td style="text-align: center; width: 60%; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">January
            26, 2016</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Allegheny Technologies Incorporated
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Exact
            name of registrant as specified in its charter)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; width: 33%; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Delaware
          </p>
        </td>
        <td style="text-align: center; width: 34%; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            1-12001
          </p>
        </td>
        <td style="text-align: center; width: 33%; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            25-1792394
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of incorporation)
          </p>
        </td>
        <td style="text-align: center; width: 34%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; width: 75%; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            1000 Six PPG Place, Pittsburgh, Pennsylvania
          </p>
        </td>
        <td style="text-align: center; width: 25%; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            15222-5479
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 75%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="text-align: center; width: 25%; padding-left: 0.0px" valign="bottom">
          <font style="font-family: Times New Roman; font-size: 10pt">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; width: 45%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">Registrant&#8217;s
            telephone number, including area code</font>
          </p>
        </td>
        <td style="text-align: left; width: 55%; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (412) 394-2800
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            N/A
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Former
            name or former address, if changed since last report).</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
    <p>
      <!--end_optional_former-->
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 2.02. &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      On January 26, 2016, Allegheny Technologies Incorporated issued a press
      release announcing its fourth quarter and full year 2015 financial
      results. A copy of the press release is attached hereto as Exhibit
      99.1.&#160;&#160;
    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01. &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.
    </p>
    <p style="white-space: nowrap">
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibit 99.1&#160;&#160;Press release dated January 26, 2016
    </p>
    <p style="white-space: nowrap">

    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURE</b></font></u><br><br>
    </p>
    <p style="text-align: justify; text-indent: 30.0px">
      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.
    </p>
    <p style="text-indent: 30.0px">

    </p>
    <p style="text-indent: 30.0px">
      <br>

    </p>
    <div style="text-align:center">
    <table style="margin-left:auto;margin-right:auto; font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            ALLEGHENY TECHNOLOGIES INCORPORATED
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; width: 6%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 39%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 4%; padding-left: 0.0px" valign="top">
          By:
        </td>
        <td style="text-align: left; width: 51%; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <i>/s/ Elliot S. Davis</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="text-align: left; width: 51%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Elliot S. Davis
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="text-align: left; width: 51%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Senior Vice President, General Counsel,
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="text-align: left; width: 51%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Compliance Officer and Corporate Secretary
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 51%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; width: 6%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Dated:
          </p>
        </td>
        <td style="text-align: left; width: 39%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            January 26, 2016
          </p>
        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 51%">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: left">

    </p>
  </body>
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     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51265793ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2016 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Allegheny
      Technologies Announces Fourth Quarter and Full Year 2015 Results</b></font>
    </p>
    <p>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Fourth
      Quarter 2015 Results</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Sales
        were $739 million</b></font>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>High
            Performance Materials &amp; Components sales were $457 million</b></font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>Flat
            Rolled Products sales were $282 million</b></font>
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Business
        segment results, which do not include Flat Rolled Products asset
        impairments and other charges, were a loss of $99 million</b></font>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-family: Times New Roman; font-size: 12pt"><b>High
            Performance Materials &amp; Components segment operating profit was
            $21 million, or 4.6% of sales</b></font>
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Net
        loss attributable to ATI was $227 million, or $(2.12) per share,
        including $267 million of pre-tax charges, or $167 million after-tax,
        or $(1.56) per share</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Net
        loss attributable to ATI excluding charges was $60 million, or $(0.56)
        per share</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Cash on
        hand was $150 million with total liquidity of approximately $545
        million</b></font>
      </li>
    </ul>
    <p>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Full Year
      2015 Results</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Sales
        were $3.7 billion</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Net
        loss attributable to ATI was $378 million, or $(3.53) per share</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-family: Times New Roman; font-size: 12pt"><b>Significant
        operational accomplishments of Rowley PQ parts qualification, new part
        introductions for aerospace ramp-up readiness, and HRPF integration
        overshadowed by weak market conditions, particularly in Flat Rolled
        Products commodity businesses</b></font>
      </li>
    </ul>
    <p>
      PITTSBURGH--(BUSINESS WIRE)--January 26, 2016--Allegheny Technologies
      Incorporated (NYSE: ATI) reported fourth quarter 2015 sales of $739
      million and a net loss attributable to ATI of $227 million, or $(2.12)
      per share. Fourth quarter 2015 results include $267 million of
      previously-announced, pre-tax charges.
    </p>
    <p>
      For the full year 2015, ATI reported a loss from continuing operations
      attributable to ATI of $378 million, or $(3.53) per share, on $3.7
      billion in sales.
    </p>
    <p>
      &#8220;2015 was an incredibly difficult year, and the fourth quarter was the
      most challenging of the year,&#8221; said Rich Harshman, Chairman, President
      and Chief Executive Officer. &#8220;Early indicators in 2015 of increasing
      weakness in the oil and gas market and the effects of low-priced
      commodity stainless sheet imports on flat rolled products&#8217; markets were
      only the beginning. While aerospace market demand for products from the
      High Performance Materials &amp; Components segment remained good, an
      extended drop in demand from the oil and gas market, and continued
      weakness in the global construction and mining equipment market,
      adversely affected profitability across both business segments. Despite
      these headwinds, we continued our strategic focus on high-value,
      differentiated products, which were 83% of ATI&#8217;s 2015 sales.&#8221;
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        ATI&#8217;s sales to the key global markets of aerospace and defense, oil &amp;
        gas/chemical and hydrocarbon processing industry, electrical energy,
        automotive and medical represented 79% of ATI sales for 2015:

        <ul>
          <li style="margin-bottom: 10.0px">
            Sales to the aerospace and defense markets were $1.51 billion and
            represented 41% of ATI sales: 21% jet engine, 13% airframe, 7%
            defense. ATI&#8217;s sales to the commercial aerospace market increased
            8% in 2015 compared to 2014.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the oil and gas/chemical and hydrocarbon processing
            industry market were $538 million and represented 14% of ATI
            sales: 9% oil &amp; gas, 5% chemical and hydrocarbon processing
            industry. ATI&#8217;s sales to these markets decreased 28% in 2015
            compared to 2014.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the electrical energy market were $368 million and
            represented 10% of ATI sales. ATI&#8217;s sales to this market decreased
            14% in 2015 compared to 2014.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the automotive market were $294 million and represented
            8% of ATI sales.
          </li>
          <li style="margin-bottom: 10.0px">
            Sales to the medical market were $221 million and represented 6%
            of ATI sales.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Direct international sales were $1.6 billion and represented 42% of
        ATI&#8217;s 2015 sales.
      </li>
    </ul>
    <p>
      &#8220;Sales in our High Performance Materials &amp; Components segment were $457
      million in the fourth quarter 2015, compared to $475 million in the
      third quarter 2015, while segment operating profit improved slightly to
      $21 million, or 4.6% of sales, compared to $19 million or 4.0% of sales
      in the third quarter 2015,&#8221; continued Rich Harshman. &#8220;Sales decreased
      for titanium and titanium alloys due to the timing of orders in the
      aerospace airframe market, which were more heavily weighted to earlier
      periods of 2015. Sales for other products in the segment were similar to
      third quarter 2015 results.
    </p>
    <p>
      &#8220;Flat Rolled Products segment sales were $282 million, down 21%
      sequentially, and segment operating results were a loss of $120 million,
      compared to a loss of $92 million in the third quarter 2015. Segment
      results, which exclude $181 million of goodwill and other long-lived
      asset impairment charges, reflect the continued challenging market
      conditions, primarily impacting commodity stainless flat-rolled
      products. Fourth quarter market conditions continued to deteriorate in
      this business, due in large part to a surge of imports into the U.S.
      market, and excess North American and global capacities for commodity
      stainless steel sheet. Base-selling prices for commodity stainless steel
      sheet products have fallen throughout 2015 and reached historic lows in
      December. In addition, weakness continued in the oil and gas/chemical
      and hydrocarbon processing industry market, which has been the segment&#8217;s
      largest end market. Falling raw material prices negatively affected
      results, as pricing mechanisms that are designed to recover material
      costs through indexes and surcharges fell faster than the length of the
      manufacturing cycle.
    </p>
    <p>
      &#8220;In December 2015, we announced the idling of the standard/commodity
      stainless melt shop and finishing operations at our Flat Rolled
      Products&#8217; Midland, PA facility, and the idling of our grain-oriented
      electrical steel (GOES) operations, including the Bagdad, PA facility,
      both of which are expected to be completed in early 2016. A $54 million
      non-cash impairment charge was recorded in fourth quarter 2015 results
      to reduce the carrying value of these operations, along with a $4
      million charge for idling costs. We also wrote off all $127 million of
      goodwill in the Flat Rolled Products business as a fourth quarter 2015
      non-cash charge.
    </p>
    <p>
      &#8220;Our negotiations with the United Steelworkers resumed in late December.
      We have met several times over the last three weeks. Overall, the
      dialogue has been generally constructive and we continue to focus on
      reaching a fair and more competitive labor agreement. In the meantime,
      we will continue to operate with our salaried employees and temporary
      workers.
    </p>
    <p>
      &#8220;Capital expenditures were $145 million in 2015, almost half of which
      was related to the HRPF. This amount was lower than our third quarter
      2015 estimate because some HRPF payments shifted to early 2016.
    </p>
    <p>
      &#8220;We maintained a solid liquidity position with $150 million in cash and
      a $400 million asset-based domestic lending (ABL) facility with our bank
      group, which was undrawn at year-end 2015. The ABL facility contains no
      leverage or interest coverage ratios and is collateralized by the
      accounts receivable and inventory of ATI&#8217;s domestic operations. Total
      debt to total capital was 42.0% at December 31, 2015, compared to 37.0%
      at the end of 2014.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;We made significant progress in 2015 in qualifying and fully
      integrating several long-term strategic capital projects that position
      ATI to grow our high-value products. These strategic capital projects,
      specifically the Hot Rolling and Processing Facility (HRPF) and the
      Rowley titanium sponge facility, have been multi-year investments that
      are expected to begin to provide a return on our invested capital after
      extensive construction and qualification phases.
    </p>
    <p>
      <u><b>Strategy and Outlook</b></u>
    </p>
    <p>
      &#8220;ATI&#8217;s results in 2016 will reflect two differently situated businesses.
      Our High Performance Materials &amp; Components (HPMC) segment is positioned
      to begin a multi-year period of sustained profitable growth, supported
      by long-term agreements that provide significant growth for ATI on
      legacy and next-generation airplanes and the jet engines that power
      them. Volume from these agreements is expected to provide improved
      capacity utilization and product mix in our mill products, forgings, and
      titanium investment casting facilities, beginning in the first quarter
      2016. We expect to increase the pace throughout our HPMC operations as
      we progress through 2016, driven primarily by the commercial aerospace
      market, with segment operating profit as a percentage of sales returning
      to double-digit levels by the second half of the year. This represents
      significant and continuing improvement toward our goals of long-term
      profitable growth and consistently earning a premium to our cost of
      capital.
    </p>
    <p>
      &#8220;In our Flat Rolled Products (FRP) segment, our first half 2016 results
      will reflect the ongoing rightsizing and restructuring activities,
      including idling the Midland facility and our GOES operations, during a
      period of continuing low raw material prices and uncertain end market
      demand. As we continue to reposition this business to a higher value
      product mix, we expect shipments of our specialty coil and plate
      products to improve throughout 2016 and benefit from the HRPF
      capabilities, particularly for our 48&#8221;-wide nickel-based alloy sheet. As
      a result of these initiatives we expect the FRP segment to be modestly
      profitable by the second half of 2016.
    </p>
    <p>
      &#8220;Cash generation from operations will be a key focus throughout 2016. We
      do not expect to pay any U.S. federal taxes in 2016 due to net operating
      loss carryforwards, and we intend to carefully balance our working
      capital and other cash needs with the pace of our capital expenditure
      requirements. We currently expect 2016 capital expenditures to be
      approximately $240 million, including our nickel alloy powder expansion
      ($45 million), final payments on the HRPF ($70 million), completion of
      the expansion of our titanium investment castings capacity ($10
      million), and the expansion of manufacturing capabilities at our STAL
      joint venture in China ($35 million), which is consolidated within ATI&#8217;s
      financial results. The STAL capital expansion will be fully funded by
      STAL&#8217;s operations. Depreciation and amortization expense in 2016 is
      forecasted to be approximately $180 million.
    </p>
    <p>
      &#8220;We currently expect 2016 pre-tax retirement benefit expense to be about
      $98 million, or approximately $21 million higher than 2015, due
      primarily to lower pension assets. We do not expect to make significant
      cash contributions to the U.S. qualified pension plan in 2016.&#8221;
    </p>
    <p>
      <u><b>Financial Review</b></u>
    </p>
    <p>
      <b>Fourth Quarter 2015 Charges </b>for asset impairments, restructuring,
      inventory and other items were $267.5 million pretax:
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        ATI conducted its annual goodwill impairment analysis in the fourth
        quarter of 2015, and determined that the fair value of this business
        was below its carrying value. As a result, fourth quarter 2015 results
        include a $126.6 million pretax, non-cash charge to write off all
        goodwill in the Flat Rolled Products business. This goodwill primarily
        resulted from the 1993 acquisition of Jessop Steel by Allegheny
        Ludlum, a predecessor ATI company.
      </li>
      <li style="margin-bottom: 10.0px">
        Restructuring and other charges were $89.7 million in the fourth
        quarter 2015, as follows:

        <ul>
          <li style="margin-bottom: 10.0px">
            In December 2015, ATI announced rightsizing actions in the Flat
            Rolled Products business which included the prospective 2016
            idlings of the standard stainless melt shop and finishing
            operations in Midland, PA, and the GOES operations in Western PA
            including the Bagdad facility. Fourth quarter 2015 results include
            a $54.5 million pretax, non-cash impairment charge to reduce the
            carrying values of these facilities. Fourth quarter results also
            include $3.5 million of charges for future idling costs at these
            facilities.
          </li>
          <li style="margin-bottom: 10.0px">
            In December 2015, based on current market prices for non-PQ
            titanium sponge, ATI recorded a $25.4 million non-cash charge to
            revalue this inventory. The charge includes revised assessments of
            the non-PQ titanium market conditions and expected utilization of
            this inventory.
          </li>
          <li style="margin-bottom: 10.0px">
            As announced in October 2015, in the fourth quarter 2015 ATI
            implemented a salaried workforce reduction in both the High
            Performance Materials &amp; Components segment and at ATI&#8217;s
            headquarters. Severance charges of $6.3 million were recorded in
            the fourth quarter for this action.
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        Net Realizable Value inventory reserve charges were $51.2 million,
        which are required to offset ATI&#8217;s aggregate net debit LIFO inventory
        balance that exceeds current inventory replacement cost. The NRV
        reserve increase offset LIFO inventory valuation reserve benefits of
        $51.3 million recorded in the fourth quarter of 2015.
      </li>
    </ul>
    <p>
      <u><b>Quarterly Results</b></u>
    </p>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="10" valign="bottom">
          <b>Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>Dec. 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>Sept. 30,</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>Dec. 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015 (a)</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015 (b)</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="10" valign="top">
          <b>In Millions</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Sales
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          738.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          832.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,047.5
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Income (loss) from continuing operations attributable to ATI before
          charges
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (59.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (31.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          19.9
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Charges
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (167.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (113.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          &#8212;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Income (loss) from continuing operations attributable to ATI
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (226.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (144.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          19.9
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="10" valign="top">
          <b>Per Diluted Share</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          Continuing operations attributable to ATI before charges
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.56
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.29
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.18
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="middle">
          Charges
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1.56
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1.06
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          &#8212;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="middle">
          Continuing operations attributable to ATI
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (2.12
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1.35
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.18
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (a)
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Results for the three months ended December 31, 2015 include $216.3
          million pretax ($135.3 million after-tax, or $(1.26) per share), of
          impairment and restructuring charges, and Net Realizable Value (NRV)
          inventory charges of $51.2 million pretax ($32.0 million after-tax,
          or $(0.30) per share).
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (b)
        </td>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Results for the three months ended September 30, 2015 include $113.4
          million of after-tax charges, or $(1.06) per share, including NRV
          inventory valuation adjustments of $49.5 million, or $(0.46) per
          share, and income tax valuation allowances of $63.9 million, or
          $(0.60) per share.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Percentage of Total ATI Sales</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="5" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Three Months Ended</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>Year Ended</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Dec. 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Sept. 30,</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Dec. 31,</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Dec. 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Dec. 31,</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          <b>High-Value Products</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2015</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Nickel-based alloys and specialty alloys
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          27%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          26%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          27%
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          28%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          26%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Titanium and titanium alloys
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          18%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          19%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          15%
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          17%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          15%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Precision forgings, castings and components
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          16%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13%
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Precision and engineered strip
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          14%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13%
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          Zirconium and related alloys
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          9%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          8%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6%
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          7%
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">
          Grain-oriented electrical steel
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3%
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4%
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4%
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4%
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">
          <b>Total High-Value Products</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>87%</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>85%</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>78%</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>83%</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>77%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <b>Fourth Quarter and Full Year 2015 Financial Results</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <b>Sales for the fourth quarter 2015</b> were $738.9 million, a
        decrease of 11% compared to the third quarter 2015. Compared to the
        third quarter 2015, sales decreased 4% in the High Performance
        Materials &amp; Components segment, primarily due to lower sales of
        titanium and titanium alloys. Flat Rolled Products segment sales
        decreased 21% compared to the third quarter 2015 due to lower
        shipments and lower selling prices.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Sales for the full year 2015</b> decreased 12% to $3.72 billion,
        compared to $4.22 billion for 2014. Direct international sales were
        $1.6 billion and represented 42% of total sales, compared to 38% for
        2014. Compared to the full year 2014, sales decreased 1% in the High
        Performance Materials &amp; Components segment and 22% in the Flat Rolled
        Products segment.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Fourth quarter 2015 segment operating loss </b>was $99.1 million,
        or (13.4)% of sales, compared to a loss of $73.0 million, or (8.8)% of
        sales in the third quarter 2015. High Performance Materials &amp;
        Components segment operating profit for the fourth quarter 2015 was
        $21.0 million, or 4.6% of sales, compared to $18.8 million, or 4.0% of
        sales in the third quarter 2015. Flat Rolled Products segment
        operating loss was $120.1 million in the fourth quarter 2015, compared
        to a loss of $91.8 million in the third quarter 2015.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Full year 2015 segment operating loss </b>was $84.8 million, or
        (2.3)% of sales, compared to 2014 segment operating profit of $187.8
        million, or 4.4% of sales. High Performance Materials &amp; Components
        segment operating profit for the full year 2015 was $157.1 million, or
        7.9% of sales, compared to $234.8 million, or 11.7% of sales in 2014.
        Flat Rolled Products segment operating loss was $241.9 million for the
        full year 2015, compared to a loss of $47.0 million in 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>The loss from continuing operations attributable to ATI</b> for the
        fourth quarter 2015<b> </b>was $226.9 million, or $(2.12) per share,
        compared to a loss of $144.6 million, or $(1.35) per share, for the
        third quarter 2015. Results for the fourth quarter 2015 included
        $167.3 million after-tax, or $(1.56) per share, of impairment and
        restructuring charges and NRV inventory charges compared to $113.4
        million after-tax, or $(1.06) per share of NRV inventory charges and
        income tax valuation allowances in the third quarter 2015. Excluding
        these charges from both 2015 periods, the loss from continuing
        operations was $59.6 million, or $(0.56) per share, in the fourth
        quarter compared to $31.2 million, or $(0.29) per share, in the third
        quarter 2015.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Full year 2015 loss from continuing operations attributable to ATI </b>was
        $377.9 million, or $(3.53) per share, including all charges, compared
        to the full year 2014 loss of $2.0 million, or $(0.02) per share.
      </li>
      <li style="margin-bottom: 10.0px">
        <b>Cash on hand </b>at the end of 2015 was $149.8 million, a $119.7
        million decrease from year-end 2014. Cash flow provided by operations
        was $22.5 million in the fourth quarter 2015 and $131.4 million for
        the full year 2015.
      </li>
    </ul>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>High Performance Materials &amp; Components Segment</b>
    </p>
    <p>
      <i><b>Market Conditions</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Sales to the commercial jet engine market in the fourth quarter 2015
        were slightly higher compared to the third quarter 2015. Government
        aerospace and defense sales were also higher sequentially, while sales
        to the commercial airframe market were weaker. Sales to the medical
        market were 2% higher, while oil &amp; gas/chemical and hydrocarbon
        processing industry and construction and mining markets remained at
        lower levels. Sales of our titanium and titanium alloys declined 15%,
        and sales of our nickel-based and specialty alloys were flat compared
        to the third quarter 2015. Sales of zirconium and related alloys
        improved 10%, and sales of precision forgings and castings increased
        2% compared to the third quarter 2015. Direct international sales
        represented over 43% of total segment sales for 2015.
      </li>
    </ul>
    <p>
      <i><b>Fourth quarter 2015 compared to fourth quarter 2014</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Sales decreased 9% to $457.3 million compared to the fourth quarter
        2014, primarily as a result of lower mill product shipments. Sales to
        the aerospace market, which represented over 60% of fourth quarter
        2015 sales, were 6% lower than the prior year quarter as higher sales
        to the commercial jet engine market were offset by lower sales in
        commercial airframe market due to the timing of orders. Sales to the
        oil &amp; gas/chemical and hydrocarbon processing industry decreased 68%
        compared to the fourth quarter 2014 due to significant supply chain
        rebalancing. Sales to the medical market comprised 11% of segment
        sales and increased 9% compared to the fourth quarter 2014.
      </li>
      <li style="margin-bottom: 10.0px">
        Segment operating profit was $21.0 million, or 4.6% of sales. This
        compares to $72.3 million, or 14.4% of sales in the fourth quarter
        2014. Results for 2015 were negatively impacted by lower operating
        levels due to lower demand from the oil &amp; gas/chemical and hydrocarbon
        processing industry and construction and mining markets, which mainly
        affected nickel and specialty steel alloys and precision forging
        products. Results were also negatively impacted by the misalignment of
        raw material costs due to the long manufacturing cycle of certain
        products not matching lower raw material index values included in
        selling prices.
      </li>
    </ul>
    <p>
      <b>Flat Rolled Products Segment</b>
    </p>
    <p>
      <i><b>Market Conditions</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Weak market conditions, particularly for commodity standard stainless
        products, continued to worsen in the fourth quarter of 2015. Sales of
        standard grade stainless sheet and plate products were 26% lower on
        15% lower shipment volume, and sales of high-value products were 20%
        lower on 17% lower shipment volume, compared to the third quarter of
        2015. Declining raw material surcharges contributed to the decline in
        sales. Flat Rolled Products segment shipment information is presented
        in the attached Selected Financial Data &#8211; Mill Products table.
      </li>
    </ul>
    <p>
      <i><b>Fourth quarter 2015 compared to fourth quarter 2014</b></i>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Sales were $281.6 million, nearly 50% below the prior year period, due
        to weak market conditions and lower sales for all major products.
        Shipments of high-value products decreased 32% compared to the fourth
        quarter 2014, and shipments of standard stainless products decreased
        43%. Average selling prices were 12% lower for high-value products and
        32% lower for standard stainless products.
      </li>
      <li style="margin-bottom: 10.0px">
        Segment operating results were a loss of $120.1 million, compared to a
        2014 segment operating loss of $14.3 million. The monthly average
        LME-traded price of nickel declined from $7.22 per pound in December
        2014 to $3.94 per pound in December 2015. These changes combined with
        lower base selling prices for most products had significant negative
        impacts on segment results. Lower operating levels due primarily to
        weak market conditions also negatively impacted segment results.
      </li>
    </ul>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Income Taxes</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Fourth quarter results included a benefit for income taxes of $135.8
        million, using a 37.5% tax rate applied to the pretax loss, and $1.3
        million of discrete tax benefits, net. ATI continues to record income
        tax valuation allowances on a portion of its deferred tax assets with
        future expiration dates, as a result of a three year cumulative loss
        from U.S. operations. For the full year 2015, the total impact of
        income tax valuation allowances was $68.4 million, which reduced the
        tax benefit recognized on the 2015 pretax loss, and primarily related
        to tax benefits recognized in prior periods. The Company expects to
        continue to record income tax valuation allowances for a portion of
        its deferred tax assets while it remains in this three-year cumulative
        loss position.
      </li>
    </ul>
    <p>
      Allegheny Technologies will conduct a conference call with investors and
      analysts on Tuesday, January 26, 2016, at 8:30 a.m. ET to discuss the
      financial results. The conference call will be broadcast, and
      accompanying presentation slides will be available, at <u>www.ATImetals.com</u>.
      To access the broadcast, click on &#8220;Conference Call&#8221;. Replay of the
      conference call will be available on the Allegheny Technologies website.
    </p>
    <p>
      This news release contains &#8220;forward-looking statements&#8221; within the
      meaning of the Private Securities Litigation Reform Act of 1995. Certain
      statements in this news release relate to future events and expectations
      and, as such, constitute forward-looking statements. Forward-looking
      statements include those containing such words as &#8220;anticipates,&#8221;
      &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;expects,&#8221; &#8220;would,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; &#8220;will
      likely result,&#8221; &#8220;forecast,&#8221; &#8220;outlook,&#8221; &#8220;projects,&#8221; and similar
      expressions. Forward-looking statements are based on management&#8217;s
      current expectations and include known and unknown risks, uncertainties
      and other factors, many of which we are unable to predict or control,
      that may cause our actual results, performance or achievements to differ
      materially from those expressed or implied in the forward-looking
      statements. Important factors that could cause actual results to differ
      materially from those in the forward-looking statements include: (a)
      material adverse changes in economic or industry conditions generally,
      including global supply and demand conditions and prices for our
      specialty metals; (b) material adverse changes in the markets we serve,
      including the aerospace and defense, electrical energy, oil and
      gas/chemical and hydrocarbon processing industry, medical, automotive,
      construction and mining, and other markets; (c) our inability to achieve
      the level of cost savings, productivity improvements, synergies, growth
      or other benefits anticipated by management from strategic investments
      and the integration of acquired businesses, whether due to significant
      increases in energy, raw materials or employee benefits costs, project
      cost overruns or unanticipated costs and expenses, or other factors;
      (d)&#160;continued decline in, or volatility of, prices, and availability of
      supply, of the raw materials that are critical to the manufacture of our
      products; (e) declines in the value of our defined benefit pension plan
      assets or unfavorable changes in laws or regulations that govern pension
      plan funding; (f)&#160;significant legal proceedings or investigations
      adverse to us; (g) labor disputes or work stoppage, including the
      current lockout of USW-represented employees; and (h) other risk factors
      summarized in our Annual Report on Form 10-K for the year ended December
      31, 2014, and in other reports filed with the Securities and Exchange
      Commission. We assume no duty to update our forward-looking statements.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Creating Value Thru </b></i><b>Relentless Innovation<i>&#174;</i></b>
    </p>
    <p>
      Allegheny Technologies Incorporated is one of the largest and most
      diversified specialty materials and components producers in the world
      with revenues of approximately $3.7 billion in 2015. At December 31,
      2015, ATI had approximately 9,200 full-time employees world-wide who use
      innovative technologies to offer global markets a wide range of
      specialty materials solutions. Our major markets are aerospace and
      defense, oil and gas/chemical and hydrocarbon processing industry,
      electrical energy, medical, automotive, food equipment and appliance,
      and construction and mining. The ATI website is <u>www.ATImetals.com</u>.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="23" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Allegheny Technologies Incorporated and Subsidiaries</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="23" valign="top">
          <b>Consolidated Statements of Operations</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="23" valign="top">
          <i>(Unaudited, dollars in millions, except per share amounts)</i>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="11" valign="top">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Sales</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>738.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>832.7</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>1,047.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>3,719.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>4,223.4</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Costs and expenses:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Cost of sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          811.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          861.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          925.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3,633.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3,844.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Selling and administrative expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          40.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          62.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          70.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          238.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          272.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          126.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          126.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          89.7
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          89.7
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Income (loss) before interest, other income and income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (329.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (91.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          51.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (369.4
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          106.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Interest expense, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (29.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (27.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (25.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (110.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (108.7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Other income (expense), net
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.7
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.1
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Income (loss) from continuing operations before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (359.1
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (117.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          26.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (478.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.5
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Income tax provision (benefit)
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (135.8
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          23.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3.7
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (112.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (8.7
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Income (loss) from continuing operations</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(223.3</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(141.3</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>23.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(365.9</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>10.2</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Income (loss) from discontinued operations, net of tax
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.6
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Net income (loss)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(223.3</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(141.3</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>25.3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(365.9</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>9.6</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Less: Net income attributable to noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3.3
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          12.0
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          12.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Net income (loss) attributable to ATI</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(226.9</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(144.6</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>22.1</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(377.9</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.6</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Basic net income (loss) per common share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Continuing operations attributable to ATI per common share</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.12</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(1.35</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>0.18</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(3.53</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(0.02</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Discontinued operations attributable to ATI per common share
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.02
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Basic net income (loss) attributable to ATI per common share</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.12</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(1.35</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>0.20</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(3.53</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(0.03</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Diluted net income (loss) per common share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Continuing operations attributable to ATI per common share</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.12</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(1.35</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>0.18</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(3.53</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(0.02</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Discontinued operations attributable to ATI per common share
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.02
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.01
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Diluted net income (loss) attributable to ATI per common share</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.12</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(1.35</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>0.20</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(3.53</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(0.03</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Amounts attributable to ATI common stockholders</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Income (loss) from continuing operations, net of tax</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(226.9</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(144.6</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>19.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(377.9</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.0</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Income (loss) from discontinued operations, net of tax
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.2
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.6
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Net income (loss)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(226.9</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(144.6</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>22.1</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(377.9</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.6</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Weighted average common shares outstanding -- basic (millions)
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Weighted average common shares outstanding -- diluted (millions)
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Actual common shares outstanding -- end of period (millions)
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          109.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          109.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          108.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          109.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          108.7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="21" valign="top">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="21" valign="top">
          <b>Sales and Operating Profit by Business Segment</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="21" valign="top">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="11" valign="top">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Sales:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          High Performance Materials &amp; Components
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          457.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          474.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          500.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,985.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,006.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Flat Rolled Products
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          281.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          358.0
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          546.9
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,733.7
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,216.6
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          <b>Total External Sales</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>738.9</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>832.7</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>1,047.5</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>3,719.6</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>4,223.4</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Operating Profit (Loss):
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          High Performance Materials &amp; Components
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          21.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          18.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          72.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          157.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          234.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          % of Sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          14.4
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          7.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          11.7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Flat Rolled Products
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (120.1
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (91.8
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (14.3
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (241.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (47.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          % of Sales
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -42.6
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -25.6
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -2.6
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -14.0
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -2.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Operating Profit (Loss)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(99.1</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(73.0</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>58.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(84.8</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>187.8</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          % of Sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -13.4
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -8.8
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -2.3
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.4
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          LIFO and net realizable value reserves
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Corporate expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (11.1
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (10.7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (12.3
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (44.7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (49.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Closed company and other expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (3.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (6.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (6.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (22.1
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (28.3
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (126.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (126.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Restructuring and other charges
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (89.7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (89.7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Interest expense, net
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (29.2
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (27.5
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (25.9
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (110.2
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (108.7
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          <b>Income (loss) from continuing operations before income taxes</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(359.1</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(117.9</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>26.8</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(478.0</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>1.5</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="8" valign="top">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="8" valign="top">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="8" valign="top">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>December 31,</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt; padding-left: 0.0px" colspan="2" valign="top">
          <b>2014 *</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>ASSETS</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Current Assets:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          149.8
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          269.5
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Accounts receivable, net of allowances for doubtful accounts of
            $4.5 million and $4.8 million at December 31, 2015 and 2014,
            respectively
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          400.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          603.6
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Inventories, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,271.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,472.8
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Prepaid expenses and other current assets
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          45.9
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          136.2
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" colspan="2" valign="top">
          <b>Total Current Assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>1,867.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2,482.1</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Property, plant and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,928.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,961.8
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Cost in excess of net assets acquired
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          651.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          780.4
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Other assets
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          304.5
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          347.4
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Total Assets</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>5,751.7</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>6,571.7</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>LIABILITIES AND EQUITY</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Current Liabilities:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Accounts payable
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          380.8
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          556.7
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Accrued liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          301.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          323.2
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Short term debt and current portion of long-term debt
          </p>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3.9
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          17.8
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" colspan="2" valign="top">
          <b>Total Current Liabilities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>686.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>897.7</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Long-term debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,491.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,498.2
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Accrued postretirement benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          359.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          415.8
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Pension liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          833.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          739.3
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          75.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          143.1
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Other long-term liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          108.3
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          156.2
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Total Liabilities</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>3,555.2</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>3,850.3</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Redeemable noncontrolling interest</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>12.1</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>12.1</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Total ATI stockholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,082.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,598.4
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          101.6
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          110.9
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Total Equity</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2,184.4</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>2,709.3</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Total Liabilities and Equity</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>5,751.7</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>6,571.7</b>
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          * Due to the retrospective adoption of new accounting standards in
          2015, the December 31, 2014 balance sheet now reflects $10.9 million
          of debt issuance costs reclassified from other assets to long-term
          debt and $62.2 million of deferred income tax liabilities
          reclassified from accrued liabilities to noncurrent deferred income
          taxes.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="10" valign="top">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="10" valign="top">
          <b>Condensed Consolidated Statements of Cash Flows</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="10" valign="top">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Operating Activities:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Net income (loss)
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (365.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          9.6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          189.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          176.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Impairment of goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          126.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Non-cash restructuring and other charges
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          54.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Deferred taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (118.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          31.7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Change in managed working capital
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          229.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (148.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Change in retirement benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          14.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 10.0px" valign="top">
          Accrued liabilities and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.0
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (17.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Cash provided by operating activities</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>131.4</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>55.9</b>
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Investing Activities:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Purchases of property, plant and equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (144.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (225.7
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Purchases of businesses, net of cash acquired
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (92.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 10.0px" valign="top">
          Asset disposals and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.1
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Cash used in investing activities</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(145.1</b>
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(316.2</b>
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Financing Activities:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Payments on long-term debt and capital leases
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (23.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (414.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Net borrowings under credit facilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Debt issuance costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1.2
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Dividends paid to shareholders
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (66.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (77.1
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Dividends paid to noncontrolling interests
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (16.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 10.0px" valign="top">
          Taxes on share-based compensation and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1.4
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (3.8
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Cash used in financing activities</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(106.0</b>
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(497.0</b>
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Decrease in cash and cash equivalents</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(119.7</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(757.3</b>
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2" valign="top">
          Cash and cash equivalents at beginning of period
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          269.5
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,026.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <b>Cash and cash equivalents at end of period</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>149.8</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>269.5</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="16" valign="top">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="16" valign="top">
          <b>Selected Financial Data - Mill Products</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="16" valign="top">
          <i>(Unaudited)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="8" valign="top">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="5" valign="top">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="top">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="2" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Shipment Volume:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Flat Rolled Products (000's lbs.)
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 20.0px" valign="top">
          High value
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          86,155
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          104,042
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          125,926
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          449,461
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          508,753
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 20.0px" valign="top">
          Standard
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          89,397
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          104,690
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          156,186
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          514,035
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          678,022
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Flat Rolled Products total
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          175,552
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          208,732
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          282,112
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          963,496
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,186,775
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Average Selling Prices:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Flat Rolled Products (per lb.)
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 20.0px" valign="top">
          High value
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.26
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.34
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.58
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.51
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.53
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 20.0px" valign="top">
          Standard
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.94
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.08
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.39
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.16
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.35
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Flat Rolled Products combined average
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.59
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.71
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.92
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.79
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.86
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="22" valign="top">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="22" valign="top">
          <b>Computation of Basic and Diluted Earnings Per Share Attributable
          to ATI</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="22" valign="top">
          <i>(Unaudited, in millions, except per share amounts)</i>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="11" valign="top">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>Fiscal Year Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>September 30</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="top">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <b>Continuing operations:</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Numerator for Basic net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Income (loss) from continuing operations attributable to ATI
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (226.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (144.6
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          19.9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (377.9
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (2.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Redeemable noncontrolling interest
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.2
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.3
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Numerator for Dilutive net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Income (loss) from continuing operations attributable to ATI after
            assumed conversions
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (226.9
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (144.8
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          19.6
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (378.2
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (2.3
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Denominator for Basic net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Weighted average shares outstanding
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Effect of dilutive securities:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Share-based compensation
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.7
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          Denominator for Diluted net income (loss) per common share -
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          Adjusted weighted average assuming conversions
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.9
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.3
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          107.1
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Basic income (loss) from continuing operations attributable to ATI
            per common share
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.12</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(1.35</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>0.18</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(3.53</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(0.02</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Diluted income (loss) from continuing operations attributable to
            ATI per common share
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(2.12</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(1.35</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>0.18</b>
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(3.53</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>(0.02</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <b>Other Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <b>Managed Working Capital</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Accounts receivable
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          400.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          603.6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Inventory
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,271.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,472.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Accounts payable
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (380.8
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (556.7
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Subtotal
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,291.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,519.7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Allowance for doubtful accounts
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          LIFO reserve
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (4.8
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Inventory reserves
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          64.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          68.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Corporate and other
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6.0
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          Managed working capital
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,365.5
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,594.5
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Annualized prior 2 months sales
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,688.8
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,144.5
        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Managed working capital as a % of annualized sales
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          50.8
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          38.5
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            December 31, 2015 change in managed working capital
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (229.0
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            As part of managing the liquidity in our business, we focus on
            controlling managed working capital, which is defined as gross
            accounts receivable and gross inventories, less accounts payable.
            In measuring performance in controlling this managed working
            capital, we exclude the effects of LIFO and other inventory
            valuation reserves and reserves for uncollectible accounts
            receivable which, due to their nature, are managed separately.
          </p>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <b>Allegheny Technologies Incorporated and Subsidiaries</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <b>Other Financial Information</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <b>Debt to Capital</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" colspan="9" valign="top">
          <i>(Unaudited, dollars in millions)</i>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="7" valign="top">
          <b>December 31</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2015</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" colspan="3" valign="bottom">
          <b>2014</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total debt (a)
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,505.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,526.9
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Less: Cash
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (149.8
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (269.5
        </td>
        <td style="text-align: left; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net debt
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,355.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,257.4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net debt
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,355.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,257.4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Total ATI stockholders' equity
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,082.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,598.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net ATI capital
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3,438.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3,855.8
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          <b>Net debt to ATI capital</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>39.4</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>32.6</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total debt (a)
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,505.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,526.9
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          Total ATI stockholders' equity
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,082.8
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: solid; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 1.0pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,598.4
        </td>
        <td style="border-bottom-style: solid; border-bottom-color: black; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total ATI capital
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3,588.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,125.3
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" valign="top">
          <b>Total debt to total ATI capital</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>42.0</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td style="border-bottom-style: double; border-bottom-color: black; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>37.0</b>
        </td>
        <td style="text-align: left; border-bottom-style: double; border-bottom-color: black; padding-right: 0.0px; border-bottom-width: 2.25pt; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          <b>%</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (a) Excludes debt issuance costs.
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            In managing the overall capital structure of the Company, some of
            the measures that we focus on are net debt to net capitalization,
            which is the percentage of debt, net of cash that may be available
            to reduce borrowings, to the total invested and borrowed capital
            of ATI (excluding noncontrolling interest), and total debt to
            total ATI capitalization, which excludes cash balances.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>Allegheny Technologies Incorporated<br>Dan L. Greenfield,
      412-394-3004
    </p>
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</SEC-DOCUMENT>
