Allegheny Teledyne Declares Quarterly Dividend

Business Wire, August 12, 1999

PITTSBURGH--(BUSINESS WIRE)--Aug. 12, 1999--

Allegheny Teledyne Incorporated (NYSE:ALT) today announced that its board of directors declared a regular quarterly dividend of $0.16 per share of common stock. The dividend is payable September 14, 1999 to stockholders of record at the close of business August 30, 1999.

Allegheny Teledyne Incorporated is a diversified manufacturing company serving global markets with specialty metals, aerospace, electronic, industrial, and consumer products. The company is one of the largest and most diversified specialty metals producers in the world. With talented people using innovative technologies and systems, Allegheny Teledyne's goal is to be the low cost, high quality supplier to global markets. Allegheny Teledyne's website can be found at http://www.alleghenyteledyne.com.