Universal Stainless Announces Schedule of Upcoming Investor Conference Presentations

BRIDGEVILLE, Pa., Sept. 14, 2007 -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced the schedule of upcoming investor conference presentations to be made by Mac McAninch, Chairman and Chief Executive Officer, and Rick Ubinger, Vice President of Finance and Chief Financial Officer. The Company will post the slide presentation for these conferences in the investor relations section of its website at www.univstainless.com on September 18. Two of the conference presentations will be webcast. These also can be accessed in the investor relations section of the Company's website and as indicated below. The webcasts will be archived on the Company's website for 90 days.

 Tuesday, September 18th
 KeyBanc Capital Markets Inc.
 Basic Materials and Packaging Conference, Boston

 Wednesday, September 19th
 CL King & Associates
 Fifth Annual Best Ideas Conference, New York
 Presentation webcast (audio only): 9:30 a.m. (Eastern)
 http://www.wsw.com/webcast/clk4/usap/

 Tuesday, October 2nd
 Davenport & Company LLC
 2007 Metals & Mining Symposium, New York
 Presentation webcast (audio only): 11:10 am (Eastern)
 http://www.wsw.com/webcast/dp4/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.

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