Universal Stainless to Present at Davenport Metals & Mining Conference on November 5th

Presentation to be Webcast and Archived

BRIDGEVILLE, Pa., Nov. 3, 2009 -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced today that Dennis Oates, President and Chief Executive Officer, and Richard Ubinger, Vice President of Finance and Chief Financial Officer will speak at the Davenport Metals & Mining Conference in New York City on Thursday, November 5th, from 7:45 to 8:20 a.m. (Eastern).

Davenport will host a live webcast of the Company's presentation, which can be accessed at http://www.wsw.com/webcast/dp9/usap and in the investor relations section of the Universal Stainless website at www.univstainless.com. A replay of the event will be available on the Company's web site approximately three hours after the live event and accessible for ninety days.

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