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Universal Stainless Announces Schedule of Upcoming Conference Presentations

September 5, 2008

BRIDGEVILLE, Pa., Sept. 5, 2008 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced the schedule of conference presentations to be made by management in September. The slide presentation for all of these conferences will be posted on the Company’s website beginning on September 10th at 5:30 p.m. (Eastern).

   Thursday, September 11th  KeyBanc Capital Markets  2008 Basic Materials and Packaging Conference, Boston   Tuesday, September 16th  Davenport & Company LLC  Third Annual Metals & Mining Conference, New York   Wednesday, September 17th  CL King & Associates  Sixth Annual Best Ideas Conference, New York 

The Company noted that the audio portion of its presentation at the Davenport & Company conference scheduled on September 16 from 9:50 a.m. to 10:25 a.m. (Eastern) will be webcast live and archived for ninety days. It can be accessed on the Company’s website at www.univstainless.com as well as at the conference website at http://www.wsw.com/webcast/dp6/usap/.

About Universal Stainless & Alloy Products, Inc.

Universal Stainless & Alloy Products, Inc., headquartered in Bridgeville, Pa., manufactures and markets a broad line of semi-finished and finished specialty steels, including stainless steel, tool steel and certain other alloyed steels. The Company’s products are sold to rerollers, forgers, service centers, original equipment manufacturers and wire redrawers. More information is available at www.univstainless.com.

This news release was distributed by GlobeNewswire, www.globenewswire.com

 CONTACT:  Universal Stainless & Alloy Products, Inc.           Richard M. Ubinger, Vice President of Finance,            Chief Financial Officer and Treasurer           (412) 257-7606            Comm-Partners LLC           June Filingeri, President           (203) 972-0186 



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