Titanium Metals (TIE) 8-K Timet Declares Dividend on 6-3/4% Series a Preferred Stock

TIMET DECLARES DIVIDEND ON 6-3/4% SERIES A PREFERRED STOCK

DALLAS, TEXAS . . . August 31, 2007 . . . 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 September 17, 2007 to stockholders of record as of the close of business on September 4, 2007.

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.

·····