Keen Realty, LLC Retained by Amcast Industrial Corporation as Special Real Estate Consultant; Keen Marketing 82.5 Acres of Land in Pennsylvania and an Industrial Complex in Wisconsin

Business Wire, June 28, 2005

GREAT NECK, N.Y. -- Amcast Industrial Corporation has retained Keen Realty, LLC as special real estate consultant to market for sale the Company's excess industrial properties. Amcast Industrial has filed for Chapter 11 protection in the United States Bankruptcy Court. Established in 1982, Keen Realty specializes in selling excess assets and restructuring real estate and lease portfolios.

The properties are located in Pottstown & West Pottsgrove, Pennsylvania, and Cedarburg, Wisconsin. The Pennsylvania site consists of 82.5 acres of land. This property has excellent development potential. The Wisconsin site consists of 6.4 acres of land and is improved with buildings totaling approximately 215,000 sq. ft. The two main buildings on the property are a manufacturing facility with 175,000 sq. ft. and an office building with 30,000 sq. ft. This location is ideal for continued use as an industrial/office use or redevelopment.

"These properties are an excellent opportunity for users, developers and investors. The Pennsylvania land provides an excellent opportunity for developers and the Wisconsin property is well located for continued use as an industrial/office complex or for potential redevelopment," Christopher Mahoney, Vice President of Keen Realty states. "The marketing is just beginning and we expect a lot of interest. All interested parties must act immediately, as this opportunity will only be available for a short time."

For over 23 years, Keen Realty has had extensive experience solving complex problems and evaluating and selling real estate, leases and businesses. Keen Realty, a leader in identifying strategic investors and partners for businesses, has consulted with hundreds of clients nationwide, and evaluated and disposed of more than 18,400 properties containing approximately 1,723,300,000 sq. ft. across the country. Recent clients include: Cable & Wireless, Meadowcraft, American Candy, Wellington Leisure Products, Spiegel/Eddie Bauer, Arthur Andersen, Service Merchandise, Tommy Hilfiger, Warnaco, and JP Morgan Chase.

For additional information regarding Amcast Industrial Corporation please contact Christopher Mahoney or visit our website at www.keenconsultants.com :

Keen Realty, LLC
                    60 Cutter Mill Road, Suite 214
                         Great Neck, NY 11021
                           Ph: 516-482-2700
                           Fax: 516-482-5764
                     cmahoney@keenconsultants.com