Accuride Corporation Announces Bank Meeting

    EVANSVILLE, Ind.--May 19, 2003--Accuride Corporation has announced a bank meeting for Wednesday, May 21, 2003. The Company has engaged Citigroup to arrange a new $50 million revolving credit facility and $190 million 2nd lien term loan facility. The proceeds of the new facilities will be used to refinance the existing revolving credit facility, term loan A and term loan B. The existing term loan C will be amended to allow the new revolving credit facility to be pari passu with the term loan C and to permit Accuride Corporation to raise the new 2nd lien term loan facility.
    Accuride Corporation is North America's largest manufacturer and supplier of wheels for heavy/medium trucks and trailers. The Company offers the broadest product line in the North American heavy/medium wheel industry and is the only North American manufacturer and supplier of both steel and forged aluminum heavy/medium wheels. Accuride Corporation also produces wheels for buses, commercial light trucks, pick-up trucks sport utility vehicles, and vans. Accuride Corporation has steel wheel operations in Henderson, Kentucky; London, Ontario, Canada; and in Monterrey, Mexico. Accuride has aluminum wheel operations in Erie, Pennsylvania, and Cuyahoga Falls, Ohio. Additionally, the Company produces tire molds at its Erie, Pennsylvania, facility. Accuride is also involved in a commercial tire and wheel assembly joint venture in Springfield, Ohio. For more information, visit Accuride's website at http://www.accuridecorp.com.