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Wescast Industries Inc. Declares Dividend

21 October 1999

Wescast Industries Inc. Declares Dividend

    BRANTFORD, Ontario--Oct. 20, 1999--Wescast Industries Inc. (TSE:WCS.A.) has declared a dividend on its common shares in the amount of $0.08 per common share, and such dividend shall be payable on November 12, 1999 to shareholders of record at the close of business on October 29, 1999.
    Wescast Industries Inc. is the largest manufacturer and supplier of exhaust manifolds for passenger cars and light trucks in the world. In addition, the Company produces pressure retaining high-alloy cast steel pump components for the petrochemical, pulp and paper and food processing industries. The Company has six facilities throughout Southwestern Ontario and Detroit Michigan, and employs 1,700 people.