Washington, D.C. 20549

þ		ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

o		TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

(Title of Plan)

(Name of Issuer of securities held pursuant to the Plan)

 

 

Audited Financial Statements and Supplemental Schedule
Savings and Security Plan of the Lockport and Waterbury Facilities
Years Ended December 31, 2007 and 2006
With Report of Independent Registered Public Accounting Firm

Savings and Security Plan of the
Lockport and Waterbury Facilities

Audited Financial Statements
and Supplemental Schedule

Years Ended December 31, 2007 and 2006

Contents

Report of Independent Registered Public Accounting Firm			1
Audited Financial Statements
Statements of Net Assets Available for Benefits			2
Statements of Changes in Net Assets Available for Benefits			3
Notes to Financial Statements			4
Supplemental Schedule
Schedule H, Line 4i—Schedule of Assets (Held at End of Year)			12
Exhibit 23.1

Report of Independent Registered Public Accounting Firm

Allegheny Technologies Incorporated

We have audited the accompanying statements of net assets available for benefits of the Savings and Security Plan of the Lockport and Waterbury Facilities as of December 31, 2007 and 2006, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2007 and 2006, and the changes in its net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.

Our audits were performed for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2007 is presented for purposes of additional analysis and is not a required part of the financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in our audits of the financial statements and, in our opinion, is fairly stated in all material respects in relation to the financial statements taken as a whole.

/s/ Ernst & Young LLP

Pittsburgh, Pennsylvania
June 27, 2008

Savings and Security Plan of the
Lockport and Waterbury Facilities

Statements of Net Assets Available for Benefits

		December 31
		2007				2006
Investments at fair value:
Interest in synthetic investment contracts		$	3,845,342			$	—
Interest in registered investment companies			2,239,657				2,236,844
Interest in common collective trusts			1,726,704				319,590
Corporate common stock			731,850				1,259,908
Participant loans			512,487				413,686
Interest-bearing cash			202,214				—
Interest in Allegheny Master Trust			—				4,770,000
Total investments at fair value			9,258,254				9,000,028
Other receivables, net			—				531
Other liabilities			—				(316,175	)
Net assets available for benefits at fair value			9,258,254				8,684,384
Adjustment from fair value to contract value for fully benefit-responsive investment contracts			13,765				60,199
Net assets available for benefits		$	9,272,019			$	8,744,583

See accompanying notes.

Savings and Security Plan of the
Lockport and Waterbury Facilities

Statements of Changes in Net Assets Available for Benefits

		Years Ended December 31
		2007				2006
Contributions:
Employer		$	77,078			$	76,897
Employee			225,085				249,993
Total contributions			302,163				326,890
Investment income:
Net gain from interest in Allegheny Master Trust			171,282				243,159
Net gain from interest in registered investment companies			141,944				221,394
Interest income			57,171				24,016
Net realized/unrealized gain (loss) on corporate common stock			(31,999	)			746,031
Dividend income			2,913				5,167
Other income			35,487				1,339
Total investment income			376,798				1,241,106
			678,961				1,567,996
Distributions to participants			(150,633	)			(943,846	)
Fees			(892	)			(40	)
			(151,525	)			(943,886	)
Net increase in net assets available for benefits			527,436				624,110
Net assets available for benefits at beginning of year			8,744,583				8,120,473
Net assets available for benefits at end of year		$	9,272,019			$	8,744,583

See accompanying notes.

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements

1. Significant Accounting Policies

Use of Estimates and Basis of Accounting

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

The financial statements are prepared under the accrual basis of accounting.

Accounting Pronouncement

As described in Financial Accounting Standards Board Staff Position (FSP) AAG INV-1 and SOP 94-4-1, Reporting of Fully Benefit-Responsive Investment Contracts Held by Certain Investment Companies Subject to the AICPA Investment Company Guide and Defined-Contribution Health and Welfare and Pension Plans, fully benefit-responsive investment contracts held by a defined contribution plan are required to be reported at fair value in the Plan’s Statement of Net Assets Available for Benefits with a corresponding adjustment to reflect these investments at contract value.

In September 2006, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards No. 157, Fair Value Measurement (FAS 157). This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements.  FAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007. Plan management is currently evaluating the effect that the provisions of FAS 157 will have on the Plan’s financial statements.

Investment Valuation and Income recognition

The Plan’s investments are stated at fair value except for its benefit-responsive investment contracts, which are valued at contract value (see Note 3). Quoted market prices are used to value investments. Units of registered investment companies are valued at the net asset value of shares held by the Plan at year end. The fair value of the participation units in common collective trusts is based on quoted redemption value on the last business day of the Plan’s year-end. Participant loans are valued at their outstanding balances, which approximate fair value.

Fully benefit-responsive guaranteed investment contracts (GICs) and synthetic investment contracts (SICs) are stated at contract which is equal to principal balance plus accrued interest. As provided in the FSP, an investment contract is generally permitted to be valued at contract value, rather than fair value, to the extent it is fully benefit-responsive. Fair value of the GICs is estimated by discounting the weighted average cash flows at the then-current interest crediting rate for a comparable maturity investment contract. Fair value of the SICs is

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements (continued)

1. Significant Accounting Policies (continued)

estimated based on the fair value of each contract’s supporting assets at December 31, 2007 and 2006. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at unitized value. There are no reserves against contract value for credit risk of the contract issuer or otherwise.

Although it is management’s intention to hold the investment contracts in the Standish Mellon Stable Value Fund until maturity, certain investment contracts provide for adjustments to contract value for withdrawals made prior to maturity.

2. Description of the Plan

The Savings and Security Plan of the Lockport and Waterbury Facilities (the Plan) is a defined contribution plan and is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).

The purpose of the Plan is to provide a savings and retirement plan to eligible employees of the Lockport and Waterbury Facilities of affiliates of Allegheny Technologies Incorporated (ATI, the Plan Sponsor) by allowing a portion of their salary to be set aside each month through payroll deductions. The Plan allows employees to contribute a portion of eligible wages each pay period through payroll deductions subject to Internal Revenue Code limitations. The Company contributes $0.50 for each hour worked by the participant. The Plan allows participants to direct their contributions, and contributions made on their behalf, to any of the investment alternatives.

Unless otherwise specified by the participant, employer contributions are made to the State Street Target Retirement Fund that most closely matches the participant’s 65^th birthday date (e.g., State Street Target Retirement Fund 2020).

Separate accounts are maintained by the Plan Sponsor for each participating employee. Trustee fees and asset management fees charged by the Plan’s trustee, Mellon Bank, N.A., prior to September 1, 2007 and thereafter Mercer Trust Company, for the administration of all funds are charged against net assets available for benefits of the respective fund. Certain other expenses of administering the Plan are paid by the Plan Sponsor.

Participants may make “in-service” and hardship withdrawals as outlined in the plan document. Participants are fully vested in their entire participant account balance.

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements (continued)

2. Description of the Plan (continued)

Active employees can borrow up to 50% of their vested account balances. The loan amounts are further limited to a minimum of $500 and a maximum of $50,000, and an employee can obtain no more than three loans at one time. Interest rates are determined based on commercially accepted criteria, and payment schedules vary based on the type of the loan. General purpose loans are repaid over 6 to 60 months, and primary residence loans are repaid over periods up to 180 months. Payments are made by payroll deductions.

Further information about the Plan, including eligibility, vesting, contributions, and withdrawals, is contained in the plan documents, summary plan description, and related contracts. These documents are available from the Plan Sponsor.

3. Investments

Prior to September 1, 2007, certain of the Plan’s investments were in the Allegheny Master Trust, which had three separately managed institutional investment accounts: the T. Rowe Price Structured Research Common Trust Fund, the Alliance Capital Growth Pool, and the Standish Mellon Fixed Income Fund, which were valued on a unitized basis (collectively, the “Allegheny Master Trust”).

On September 1, 2007, as part of a change in the administration of the Plan, including changing the record keeper to Mercer Human Resources from Affiliated Computer Services, Inc., and changing the trustee to Mercer Trust Company from Mellon Bank, N.A., the investment options available to participants under the Plan were changed. Additionally, the Plan liquidated its investment in the Allegheny Master Trust.

The Allegheny Master Trust was established for the investment of assets of the Plan, and several other ATI sponsored retirement plans. Each participating retirement plan had an undivided interest in the Allegheny Master Trust. Investment income and expenses were allocated to the plans based upon their pro rata share in the net assets on the Allegheny Master Trust. At December 31, 2006, the Plan’s interest in the net assets of the Alliance Capital Growth Pool, the Standish Mellon Fixed Income Fund, and the T. Rowe Price Structured Research Common Trust Fund held within the Allegheny Master Trust was as follows:

		2006
Standish Mellon Fixed Income Fund			1.81	%
T. Rowe Price Structured Research Common Trust Fund			0.48
Alliance Capital Growth Pool			0.56

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements (continued)

3. Investments (continued)

The composition of the net assets of the Standish Mellon Fixed Income Fund held within the Allegheny Master Trust at December 31, 2006 was as follows:

Guaranteed investment contracts:
Principal Life		$	1,368,618
New York Life Insurance Company			895,330
			2,263,948
Synthetic guaranteed investment contracts:
Monumental Life			60,286,128
Rabobank			53,011,207
Union Bank of Switzerland			39,206,620
Bank of America			28,662,260
State Street Bank			21,292,911
IXIS Financial Products, Inc.			4,030,074
			206,489,200
Interest in common collective trusts			24,622,702
Total net assets at fair value			233,375,850
Wrap contracts at fair value			(49,959	)
Adjustment from fair value to contract value for fully benefit-responsive investment contracts			3,381,661
Total net assets		$	236,707,552

The Plan retained the Standish Mellon Fixed Income Fund, renamed as the Standish Mellon Stable Value Fund (the Fund), as an investment option in a separate account subsequent to liquidating the Plan’s interest in the Allegheny Master Trust. The Fund invests in guaranteed investment contracts (GICs) and actively managed structured or synthetic investment contracts (SICs). The GICs are promises by a bank or insurance company to repay principal plus a fixed rate of return through contract maturity. SICs differ from GICs in that there are specific assets supporting the SICs and these assets are owned by the Plan. The bank or insurance company issues a wrapper contract that allows participant-directed transactions to be made at contract value. The assets supporting the SICs are comprised of government agency bonds, corporate bonds, asset-backed securities (ABOs), and collateralized mortgage obligations (CMOs).

Interest crediting rates on the GICs in the Fund are determined at the time of purchase. Interest crediting rates on the SICs are either: (1) set at the time of purchase for a fixed term and crediting rate, (2) set at the time of purchase for a fixed term and variable crediting rate, or (3) set at the time of purchase and reset monthly within a “constant duration.” A constant duration contract may specify a duration of 2.5 years and the crediting rate is adjusted monthly based upon quarterly rebalancing of eligible 2.5 year duration investment instruments at the time of each resetting; in effect the contract never matures. At December 31, 2007 and 2006, the interest crediting rates for GICs (2006 only) and Fixed Maturity SICs ranged from 4.30% to 5.32% and 4.30% to 5.56%, respectively.

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements (continued)

3. Investments (continued)

Average yields for all fully benefit-responsive investment contracts for the years ended December 31, 2007 and 2006 were as follows:

		Years Ended December 31
		2007				2006
Average yields:
Based on actual earnings			4.72	%			4.75	%
Based on interest rate credited to participants			4.57	%			4.64	%

The following presents investments that represent 5% or more of the Plan’s net assets:

		December 31
		2007				2006
Allegheny Technologies Incorporated common stock		$	731,850			$	1,259,908
Barclays Global Investors Asset-Backed Securities Index Fund**			698,753				—
Barclays Global Investors Intermediate Term Credit Bond Index Fund**			593,499				—
State Street Target Retirement Fund 2020			538,390				—
State Street Global Advisors S&P 500 Index Fund			530,360				—
American Funds Europacific Growth Fund			489,881				—
Barclays Global Investors Mortgage Backed Securities Index Fund**			478,416				—
Standish Mellon Fixed Income Fund*			—				4,289,637
Dreyfus Emerging Leaders Fund			—				493,305

Investments in SICs at contract value that represent 5% of more of the Plan’s net assets were as follows:

		December 31
		2007				2006
Rabobank Constant Duration SIC		$	948,034			$	—
Monumental Life Ins. Co. Fixed Maturity SIC			932,066				—
Union Bank of Switzerland Fixed Maturity SIC			648,636				—
State Street Bank Constant Duration SIC			501,865				—

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements (continued)

3. Investments (continued)

The composition of net assets of the Alliance Capital Growth Pool at December 31, 2006 was as follows:

Investment in pooled separate accounts:
Alliance Equity Fund S.A. #4		$	34,335,972
Operating payables			(10,572	)
Total net assets		$	34,325,400

The composition of net assets of the T. Rowe Price Structured Research Common Trust Fund at December 31, 2006 was as follows:

Interest in common collective trusts		$	72,210,981
Payables			(34,228	)
Total net assets		$	72,176,753

The composition of the changes in net assets of the Allegheny Master Trust for the year ended December 31, 2006 was as follows:

										T. Rowe Price
		Standish Mellon Fixed								Structured Research
		Income Fund				Alliance Capital Growth Pool				Common Trust Fund
Investment income (loss):
Interest income		$	9,196,721			$	—			$	—
Net realized/unrealized gain (loss) on corporate common stocks			6,246				—				11,900
Net gain (loss), pooled separate accounts			—				(283,791	)			—
Net gain, common collective trusts			851,445				—				10,226,870
Administrative expenses			(242,636	)			(98,140	)			(403,225	)
Transfers			14,124,671				(5,060,685	)			(3,924,321	)
Net increase (decrease)			23,936,447				(5,442,616	)			5,911,224
Total net assets at beginning of year			212,771,105				39,768,016				66,265,529
Total net assets at end of year		$	236,707,552			$	34,325,400			$	72,176,753

Interest, realized and unrealized gains and losses, and management fees from the Allegheny Master Trust are included in the net gain from interest in Allegheny Master Trust on the statements of changes in net assets available for benefits for the year ended December 31, 2006.

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements (continued)

4. Income Tax Status

The Plan has received a determination letter from the Internal Revenue Service dated July 11, 2003, stating that the Plan is qualified under Section 401(a) of the Internal Revenue Code (the Code) and, therefore, the related trust is exempt from taxation. Subsequent to this issuance of the determination letter, the Plan was amended. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. The plan administrator believes that the Plan is being operated in compliance with the applicable requirements of the Code and, therefore, believes that the Plan is qualified and the related trust is tax-exempt.

5. Plan Termination

Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. However, no such action may deprive any participant or beneficiary under the Plan of any vested right.

6. Risks and Uncertainties

The Plan invests in various investment securities. Investment securities are exposed to various risk such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the statements of net assets available for benefits.

7. Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500:

		December 31				December 31
		2007				2006
Net assets available for benefits per the financial statements		$	9,272,019			$	8,744,583
Deemed distribution of benefits to participants			(26,535	)			(18,068	)
Net assets available for benefits per the Form 5500		$	9,245,484			$	8,726,515

Savings and Security Plan of the
Lockport and Waterbury Facilities

Notes to Financial Statements (continued)

7. Reconciliation of Financial Statements to Form 5500 (continued)

The following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500 for the year ended December 31, 2007:

Benefits paid to participants per the financial statements		$	150,633
Add: Amounts allocated on Form 5500 to deemed distributions for the year ended December 31, 2007			26,535
Subtract: Amounts allocated on Form 5500 to deemed distributions for the year ended December 31, 2006			(18,068	)
Benefits paid to participants per the Form 5500		$	159,100

Savings and Security Plan of the
Lockport and Waterbury Facilities
EIN: 25-1792394    Plan: 007

Schedule H, Line 4i-Schedule of Assets (Held at End of Year)

December 31, 2007

Description		Current Value
Registered Investment Companies
Alliance Bernstein Small Mid Cap Value Fund		$	438,593
American Funds Europacific Growth Fund			489,881
American Funds Growth Fund of America			373,504
MFS Value Fund			147,751
Lord, Abbott Mid Cap Value Fund			132,015
MSIF Small Company Growth Fund			352,411
Western Asset Core Plus Bond Fund			305,502
Total registered investment companies		$	2,239,657
Corporate Common Stock
Allegheny Technologies Incorporated*		$	731,850
Interest-Bearing Cash
Mellon Stable Value Fund		$	133,077
Natixis Financial			69,137
		$	202,214
Common Collective Trusts
Mellon Stable Value Fund		$	80,114
SEI Fund			35,731
State Street Global Advisors Target Retirement Income Fund 2010			7,472
State Street Global Advisors Target Retirement Income Fund 2015			230,066
State Street Global Advisors Target Retirement Income Fund 2020			538,390
State Street Global Advisors Target Retirement Income Fund 2025			57,169
State Street Global Advisors Target Retirement Income Fund 2030			34,681
State Street Global Advisors Target Retirement Income Fund 2035			60,509
State Street Global Advisors Target Retirement Income Fund 2040			9,643
State Street Global Advisors Target Retirement Income Fund 2045			142,569
State Street Global Advisors S&P 500 Index Fund			530,360
		$	1,726,704
Fixed Maturity Synthetic Contracts:
Credit Cards, CCIT 03-A6 A6		$	34,223
Rate Redu Bonds, COMED 98-1 A7			11,500
Fannie Mae, FNR 2002-74 LC			15,739
Freddie Mac, FHR 2627 BU			58,035
Freddie Mac, FHR 2640 TL			34,100

Savings and Security Plan of the
Lockport and Waterbury Facilities
EIN: 25-1792394    Plan: 007

Schedule H, Line 4i-Schedule of Assets (Held at End of Year)

December 31, 2007

Description		Current Value
Freddie Mac, FHR 2715 ND			37,219
Freddie Mac, FHR 2760 EB			34,402
Freddie Mac, FHR 2786 PC			17,261
Freddie Mac, FHR 2865 PQ			51,069
Freddie Mac, FHR 2866 XD			51,068
Freddie Mac, FHR 2870 BD			34,481
Freddie Mac, FHR 2888 OW			24,214
GNMA Project Loans, GNR 06-51 A			40,425
Rate Redu Bonds, PSNH 01-1 A2			7,187
Bank of America, N.A. Wrap contract			(541	)
Bank of America, N.A. Fixed Maturity Synthetic Contract 03-040			450,382
Rate Redu Bonds, DESF 01-1 A3			6,620
Freddie Mac, FHR 2539 PR			6,602
Rabobank Wrap contract			(3	)
Rabobank Fixed Maturity Synthetic Contract ATI020101			13,219
Auto, BASAT 06-G1 A4			52,007
CMBS, CD 05-CD1 A2 FX			17,306
Rate Redu Bonds, CNP 05-1 A2			52,390
Freddie Mac, FHR 2631 LB			32,576
Freddie Mac, FHR 2681 PC			51,890
Freddie Mac, FHR 2778 KR			17,104
Freddie Mac, FHR 2981 NB			39,655
CMBS, MLMT 05-CIP1 A2			68,796
CMBS, MLMT 05-CKI1 A2			34,660
State Street Bank Wrap contract			(1,479	)
State Street Bank Fixed Maturity Synthetic Contract 105028			364,905
CMBS, BSCMS 05-T18 A2			25,625
CMBS, BSCMS 99-WF2 A2			42,116
CMBS, BSCMS 03-T12 A2			31,361
CMBS, CASC 98-D7 A1B			41,509
Credit Cards, COMET 03-A4 A4			51,272
Credit Cards, CCCIT, 03-A3 A3			43,195
CMBS, DLJCM 98-CF2 A1B			31,053
Freddie Mac, FHR 2663 ML			60,435
Freddie Mac, FHR 2763 PC			45,363
Freddie Mac, FHR 2921 NV			25,582
Freddie Mac, FHR 2934 OC			34,751

Savings and Security Plan of the
Lockport and Waterbury Facilities
EIN: 25-1792394    Plan: 007

Schedule H, Line 4i-Schedule of Assets (Held at End of Year)

December 31, 2007

Description		Current Value
CMBS, HFCMC 99-PH1 A2			29,246
CMBS, JPMCC 05-LDP2 A2			34,087
Credit Cards, MBNAS 03-A1 A1			42,916
CMBS, MSC 99-CAM1 A4			12,259
Auto, NALT 06-A A4			69,451
Auto, VWALT 06-A A4			26,050
Union Bank of Switzerland Wrap contract			2,365
Union Bank of Switzerland Fixed Maturity Synthetic Contract 2970			648,636
Total Fixed Maturity Synthetic Contracts		$	1,477,142
Constant Duration Synthetic Contracts:
Barclays Global Investors, 1-3 Year Government Bond Index Fund		$	60,500
Barclays Global Investors, Asset-Backed Sec Index Fund			273,643
Barclays Global Investors, Comm Mortgage-Backed Sec Fund			93,487
Barclays Global Investors, Int Term Credit Bond Index Fund			232,425
Barclays Global Investors, Int Term Government Bond Index Fund			75,263
Barclays Global Investors, Long Term Government Bond Index Fund			4,907
Barclays Global Investors, Mortgage-Backed Sec Index Fund			187,343
Monumental Life Ins. Co. Wrap contract			4,498
Monumental Life Ins. Co. Constant Duration Synthetic Contract MDA00413TR			932,066
Barclays Global Investors, 1-3 Year Government Bond Index Fund			61,412
Barclays Global Investors, Asset-Backed Sec Index Fund			277,763
Barclays Global Investors, Comm Mortgage-Backed Sec Fund			94,902
Barclays Global Investors, Int Term Credit Bond Index Fund			235,922
Barclays Global Investors, Int Term Government Bond Index Fund			76,410
Barclays Global Investors, Long Term Government Bond Index Fund			4,910
Barclays Global Investors, Mortgage-Backed Sec Index Fund			190,165
Rabobank Wrap contract			6,550
Rabobank Constant Duration Synthetic Contract ATI060301			948,034
Barclays Global Investors, 1-3 Year Government Bond Index Fund			32,577
Barclays Global Investors, Asset-Backed Sec Index Fund			147,346
Barclays Global Investors, Comm Mortgage-Backed Sec Fund			50,339
Barclays Global Investors, Int Term Credit Bond Index Fund			125,152
Barclays Global Investors, Int Term Government Bond Index Fund			40,526
Barclays Global Investors, Long Term Government Bond Index Fund			2,642
Barclays Global Investors, Mortgage-Backed Sec Index Fund			100,908
State Street Bank Wrap contract			2,375
State Street Bank Constant Duration Synthetic Contract 107073			501,865

Savings and Security Plan of the
Lockport and Waterbury Facilities
EIN: 25-1792394    Plan: 007

Schedule H, Line 4i-Schedule of Assets (Held at End of Year)

December 31, 2007

Description		Current Value
Total Constant Duration Synthetic Contracts		$	2,381,965
Participant loans* (5.00% to 9.25%, with maturities through 2013)		$	512,487

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the administrators of the Plan have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

		ALLEGHENY TECHNOLOGIES INCORPORATED
		SAVINGS AND SECURITY PLAN OF THE LOCKPORT AND WATERBURY FACILITIES
Date: June 30, 2008		By:		/s/ Dale G. Reid
				Dale G. Reid
				Vice President-Controller, Chief Accounting Officer and Treasurer
				(Principal Accounting Officer and Duly Authorized Officer)