Amcast Common Stock Listing Moves From NYSE to OTC Bulletin Board

    DAYTON, Ohio--March 31, 2003--Amcast Industrial Corporation, today announced that trading of its common stock will move from the New York Stock Exchange to the Over The Counter Bulletin Board effective April 1, 2003. Formerly AIZ on the NYSE, the new stock symbol will be AICO.
    Shareholders and traders can access share price and other investor information as well as execute trades using the new stock symbol.

    Amcast Industrial Corporation is a leading manufacturer of technology-intensive metal products. Its two business segments are brand name Flow Control Products marketed through national distribution channels and Engineered Components for original equipment manufacturers. The company serves the automotive, construction, and industrial sectors of the economy.

    This release includes "forward-looking statements" which are subject to change based on various factors and uncertainties that may cause actual results to differ significantly from expectations. These factors include, among others: general economic conditions less favorable than expected, fluctuating demand in the automotive and housing industries, price pressures in the Company's automotive and flow control businesses, effectiveness of production improvement plans, inherent uncertainties in connection with international transactions and foreign currency fluctuations, and labor availability and relations at the company and its customers, and the impact of war with Iraq and homeland security measures.