Mitsunobu (Tony) Takeuchi Elected to INTERMET Board of Directors

TROY, Mich., July 15 -- INTERMET Corporation , one of the world's leading manufacturers of cast-metal automotive components, today announced that Mitsunobu (Tony) Takeuchi has been elected to its board of directors, effective today. Mr. Takeuchi fills a board vacancy created by the departure of Richard J. Peters, who is stepping down due to an increasingly demanding schedule.

Mr. Takeuchi is Chairman Emeritus of DENSO International America, Inc., the North-American headquarters for Japan-based DENSO Corporation, and Honorary Advisor to the Board of Directors, DENSO Corporation. Previously, he was Chair and Chief Executive Officer of the Southfield, Mich.-based global supplier of advanced automotive systems and components.

"INTERMET Chairman and CEO Gary F. Ruff said, "Mr. Takeuchi's global experience and perspective will assist INTERMET as we further develop our relationships with the company's growing customer base overseas, particularly in Asia. We welcome him to our board and look forward to his counsel and insights."

Mr. Takeuchi's 40-year career with DENSO included serving as President and CEO of DENSO International America, overseeing operations in Canada, U.S. and Mexico. Prior to this he was General Manager of International Sales and Marketing for North America, South America, Europe and Asia/Oceania. He was elected to DENSO Corporation's Board of Directors in 1995. He began his career in 1964 with the firm's parent company, DENSO Corporation (formerly Nippondenso Company Ltd.).

Tony Takeuchi is a member and past president of the Japan Business Society of Detroit and serves on boards of the National Association of Manufacturers (NAM), Original Equipment Suppliers Association (OESA), Motor Equipment Manufacturers Association (MEMA), and the Economic Club of Detroit. He holds a degree in international trading from Kanagawa University in Yokohama, Japan.

With headquarters in Troy, Michigan, INTERMET Corporation is a manufacturer of powertrain, chassis/suspension and structural components for the automotive industry. INTERMET's strategy is to be the world's leading supplier of cast-metal automotive components. The company has approximately 6,000 employees at facilities located in North America and Europe. More information is available on the Internet at http://www.intermet.com/ .

NOTE TO EDITORS: Photo available upon request. (248-952-2546; mkelly@intermet.com ).