ListItems attributes in a DropDownList are lost on postback?

A coworker showed me this:

He has a DropDownList and a button on a web page. Here's the code behind:

protected void Page_Load(object sender, EventArgs e)
    {
        if (!IsPostBack)
        {
            ListItem item = new ListItem("1");
            item.Attributes.Add("title", "A");

            ListItem item2 = new ListItem("2");
            item2.Attributes.Add("title", "B");

            DropDownList1.Items.AddRange(new[] {item, item2});
            string s = DropDownList1.Items[0].Attributes["title"];
        }
    }

    protected void Button1_Click(object sender, EventArgs e)
    {
        DropDownList1.Visible = !DropDownList1.Visible;
    }

On the page load, the items' tooltips are showing, but on the first postback, the attributes are lost. Why is this the case, and are there any workarounds?