TIMET Declares Dividend on 6-3/4% Series A Preferred Stock and Announces Results of Annual Stockholder Meeting

DALLAS, May 20 /PRNewswire-FirstCall/ -- Titanium Metals Corporation ("TIMET") (NYSE: TIE) announced today that its board of directors has declared a quarterly dividend of $0.84375 per share on its 6-3/4% Series A Preferred Stock, payable on June 15, 2010 to stockholders of record as of the close of business on June 1, 2010.  

TIMET also announced that its stockholders had re-elected each of its seven directors for terms of one year at the annual stockholder meeting held today.  TIMET's directors are:  Keith R. Coogan, Glenn R. Simmons, Harold C. Simmons, Thomas P. Stafford, Steven L. Watson, Terry N. Worrell and Paul J. Zucconi.

TIMET, headquartered in Dallas, Texas, is a leading worldwide producer of titanium metal products.  Information on TIMET is available on its website at www.timet.com.

SOURCE Titanium Metals Corporation