Keen Realty, LLC Announces Auction of Amcast Industrial Complex in Cedarburg, Wisconsin

Business Wire, Jan 16, 2007

Keen Auctioning Former Industrial Complex on 8.4 Acres of Land in Cedarburg, Wisconsin

Bid Deadline: February 9, 2007 - Auction Date: February 13, 2007

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 property is located in Cedarburg, Wisconsin. The site consists of 8.4 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 for redevelopment.

"This is an excellent opportunity for users, developers and investors. The property is well located for continued use as an industrial/office complex or for potential redevelopment," Mike Matlat, Vice President of Keen Realty states. "The property will be going to auction on February 13, 2007 in Indianapolis, IN. It will be sold as-is, where-is to the highest bidder at the auction, subject to Bankruptcy Court approval. All interested parties must act now."

For over 24 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 20,300 properties containing approximately 2,058,400,000 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 Mike Matlat 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

mmatlat@keenconsultants.com