Wescast Announces New Orders for European Business Unit

BRANTFORD, Ontario--Feb. 1, 20065, 2006--Wescast Industries Inc. ("Wescast") (TSX:WCS.SV.A) announced today that its European business unit, Wescast Hungary Zrt., has received new orders to supply several cast and machined exhaust manifolds, turbine housings and cast turbomanifolds for the following customers: Iveco, Isuzu, BorgWarner Turbo Systems and Mitsubishi Heavy Industries.

The Italian truck producer Iveco has chosen Wescast to supply to its engine plant in Foggia, Italy cast and machined manifolds for the 4-cylinder, 2.3L Fiat-Ducato diesel engine program. This program is expected to start production in the second quarter of 2006.

Isuzu has sourced Wescast as cast and machined manifold supplier to its new Circle L, 4-cylinder, 1.7L turbocharged diesel engine, assembled in Tychy, Poland. Production is expected to begin in the Fall of 2006, with parts for the Opel Corsa, Meriva, Astra and Zafira.

BorgWarner Turbo Systems selected Wescast as the tier 1 supplier for several programs. Beginning in the first quarter of 2006, Wescast will supply integrated turbomanifolds for a 3-cylinder engine program fitted to Volkswagen's Polo and Skoda Fabia. Wescast will also provide turbine housings for a 4-cylinder 2.0L engine fitted to the Audi A4 and for the BMW 4-cylinder 2.0L 2-stage turbocharged engine program. Production of the turbine housing program for Audi is expected to begin in the fourth quarter of 2006 while it is anticipated that the BMW program will begin production early in 2007.

Mitsubishi Heavy Industries has sourced Wescast to supply cast and machined turbine housings for its Netherlands plant. The turbo chargers are provided to PSA for the Peugeot 207, Peugeot Partner, and Citroen C3, C4 and Berlingo. Production is expected to start in the Summer of 2006.

"We are very excited about the strong growth underway in Europe, both from new business wins and the expansion of current relationships," said Ed Frackowiak, Wescast Chairman and CEO. "We have been able to demonstrate the strength of our value proposition for Europe, broadening our base of supply to European and Asian based OEM's, and further establishing Wescast as a full-service global supplier."

About Wescast

Wescast Industries Inc. is the world's largest supplier of exhaust manifolds for passenger cars and light trucks. The Company designs, casts, machines and assembles high-quality iron exhaust manifolds, turbine housings and integrated turbo manifolds for automotive OEMs. The Company's global sales and design activities are co-ordinated through its technical development centre in Canada and supported by sales and design centres in the United States, Japan and Europe. The Company operates seven production facilities in North America and Europe, including a 49% interest in United Machining Inc., an accredited Minority supplier in Michigan. The Company is recognized worldwide for its quality products, innovative design solutions and highly committed workforce.

Learn more at www.wescast.com.

Forward Looking Statements

Wescast and its representatives may periodically make written or oral statements that are "forward-looking", including statements included in this news release and in our filings with applicable Securities Commissions and in reports to our stockholders. These statements may be identified by words such as "believe," "anticipate," "project," "expect," "intend" or other similar expressions, and include all statements which address operating performance, events or developments that we expect or anticipate may occur in the future (including statements relating to future sales or earnings expectations, volume growth, awarded sales contracts and earnings per share expectations or statements expressing general optimism about future operating results). Such statements involve risks and uncertainties that may cause unanticipated events and actually evolve to be materially different from those either expressed or implied. These factors include, but are not limited to, risks associated with the automotive industry, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, environmental risks, competition from other producers and ability to access sufficient capital from internal and external sources; as a consequence, actual results may differ materially from those anticipated in the forward-looking statements. For more detailed information regarding these risks you may refer to Wescast's publicly filed documents with applicable Canadian securities authorities. Wescast undertakes no obligation to update any of these forward-looking statements.

Wescast Industries Inc. (TSX:WCS.SV.A)