Wescast Industries Inc.

Wescast Industries Inc.

October 31, 2006 15:00 ET

Wescast Industries Inc. Declares Dividend

BRANTFORD, ONTARIO--(CCNMatthews - Oct. 31, 2006) - Wescast Industries Inc. (TSX:WCS.A) has declared a dividend on its common shares in the amount of $0.06 per common share, and such dividend shall be payable on December 1, 2006, to shareholders of record at the close of business on November 10, 2006.

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 engineered iron products for automotive original equipment manufacturers ("OEMs") and Tier 1 customers for the car and light truck markets in North America and Europe. The Company employs approximately 1,900 people in 6 production facilities and 3 sales and design centres in Canada, the United States and Germany. The Company also has sales and technical design representation in the United Kingdom, France, Japan and China. The Company is recognized worldwide for its quality products, innovative design solutions and highly committed workforce.

Contact Information

  • Wescast Industries Inc.
    Mr. Ed Frackowiak
    (519) 750-0000
    Website: www.wescast.com