Amcast Completes the Sale of its Aluminum Components Business

DAYTON, Ohio--Aug. 2, 20043, 2004--Amcast Industrial Corporation (OTCBB:AICO) announced today that it has completed the sale of the assets of its Aluminum Components business. The sale was made to Park-Ohio Holdings Corp. .

The sale included the operations of the Company's Wapakoneta, Ohio; Richmond, Indiana and Cedarburg, Wisconsin plants.

Amcast Industrial Corporation is a leading manufacturer of technology-intensive metal products. The remaining businesses include Aluminum Wheels, Squeeze-Cast Components and Lee Brass. The Company serves the automotive, construction, and industrial sectors of the economy.