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Intermet Announces Key Executive Appointment for European Operations

16 December 1998

Intermet Announces Key Executive Appointment for European Operations

    TROY, Mich., Dec. 15 -- Intermet Corporation
Chairman and CEO John Doddridge today announced the appointment of
Laurence Vine-Chatterton as President of Intermet Europe, effective January 1,
1999, with responsibility for all of Intermet's European operations.
Karl-Heinz Schwarz continues as Managing Director of Intermet Holding
Deutschland, GmbH.
    Commenting on the appointment, Doddridge said, "Laurence brings a strong
background in international business to Intermet.  He will be a valuable asset
as we continue to expand in Europe."
    Mr. Vine-Chatterton comes to Intermet from T&N plc of the United Kingdom,
most recently serving as Finance Director for T&N's Piston Products Group.
T&N plc was recently acquired by Federal-Mogul Corporation.  Additionally, he
held finance positions with Nokia GmbH of Germany and Parkfield Group plc of
the U.K.  He began his career with Price Waterhouse in England and later in
Canada for ten years.
    Vine-Chatterton holds a Bachelor of Arts from the University of Sussex in
England and is a chartered accountant in England, Wales and Canada.  His
native language is English, and he is also fluent in both German and French.
    Vine-Chatterton and his family currently reside in Surrey, England.  They
will be relocating to Saarbrucken, Germany where Intermet will establish new
Intermet European offices.
    With headquarters in Troy, Michigan, Intermet Corporation and its
subsidiaries design and manufacture precision iron and aluminum cast
components for automotive and industrial equipment manufacturers worldwide.
Intermet also produces precision machined components and manufactures cranes
and specialty service vehicles.  The company has more than 5,700 employees at
sixteen operating locations in North America and Europe.  Intermet's internet
address is http://www.intermet.com.