Wescast Industries Inc. Announces Normal Course Issuer Bid

19 April 2000

Wescast Industries Inc. Announces Normal Course Issuer Bid

BRANTFORD, Ontario--April 18, 2000--Wescast Industries Inc. (NASDAQ:WCST) (TSE:WCS.A.) announced today acceptance by The Toronto Stock Exchange of notice of Wescast's intention to purchase from time to time, if it is considered advisable, up to 569,212 of its 5,781,090 outstanding Class A Shares on The Toronto Stock Exchange. The Board of Directors of Wescast believes that such purchases are in the best interests of Wescast and a desirable use of corporate funds. Purchases of Class A Subordinate Voting Common Shares of Wescast may be made pursuant to this notice in the 12-month period commencing April 26, 2000. All Class A Subordinate Voting Common Shares of Wescast purchased pursuant to this notice will be cancelled by Wescast.
Wescast Industries Inc. is the world's largest supplier of exhaust manifolds for passenger cars and light trucks. The Company designs, develops, casts, and machines high-quality iron and steel exhaust manifolds for automotive OEMs. In addition to auto parts, the Company produces pressure retaining high-alloy cast steel pump components for the petrochemical, pulp and paper and food processing industries. Wescast operates seven production facilities in North America, and three sales and design offices in North America and Europe. The Company is recognized worldwide for its quality products, innovative design solutions, and highly committed workforce.