INTERMET CORPORATION
5445 Corporate Drive
Troy, MI 48098-2683
Tel: 248-952-2500
Fax: 248-952-2501

[INTERMET LOGO]

                                               NEWS RELEASE

                                               For IMMEDIATE Release
                                               Investor Inquiries: Bytha Mills
                                               Media Inquiries: Mike Kelly
                                               INTERMET Corporation
                                               248-952-2500


INTERMET SHARES TO BE DELISTED FROM NASDAQ

TROY, Michigan, October 7, 2004 - INTERMET Corporation (Nasdaq: INMT) today
announced that its common stock will cease trading on The Nasdaq Stock Market
effective with the opening of business on Tuesday, October 12, 2004.

INTERMET received a written Notice of Staff Determination on October 1, 2004,
from the Nasdaq Listing Qualifications Department stating that INTERMET's common
stock is being delisted from The Nasdaq Stock Market pursuant to Marketplace
Rule 4815(a). The delisting is based on Nasdaq's determination that the company
does not comply with the continued listing requirements under Marketplace Rules
4300 and 4450(f).

INTERMET anticipates that its common stock will continue to be quoted on the
Pink Sheets Electronic Quotation Service following its delisting from Nasdaq.
The company's common stock may also become eligible for quotation on the OTC
Bulletin Board if a market maker applies to register the stock in accordance
with applicable SEC rules, and if the application is cleared, neither of which
is assured.

About INTERMET

With headquarters in Troy, Michigan, INTERMET Corporation is a manufacturer of
powertrain, chassis/suspension and structural components for the automotive
industry. The company has approximately 6,000 employees worldwide. More
information is available on the Internet at www.intermet.com.

                                     (more)





INTERMET Corporation
October 7, 2004
Page 2


Cautionary Statement

     This news release includes forward-looking statements within the meaning of
     the Private Securities Litigation Reform Act of 1995. The words
     "anticipates", "may" and similar words and expressions identify
     forward-looking statements. These statements are not guarantees of future
     performance but instead involve various risks and uncertainties. INTERMET's
     actual results may differ materially from those suggested by its
     forward-looking statements due to factors such as: the economic cost,
     management distraction and lost business opportunities associated with
     bankruptcy proceedings; INTERMET's ability to consummate its anticipated
     DIP financing; the high cost of scrap steel and the possibility that scrap
     steel costs will remain at high levels or continue to increase, which would
     have further negative effects on INTERMET's profitability, cash flow,
     liquidity and ability to borrow; fluctuations in the cost of other raw
     materials, including the cost of energy, aluminum, zinc, magnesium and
     alloys, and INTERMET's ability, if any, to pass those costs on to its
     customers; pricing practices of INTERMET's customers, including changes in
     their payment terms resulting from the discontinuation of early payment
     programs and continuing demands for price concessions as a condition to
     retaining current business or obtaining new business, and the negative
     effect that price concessions have on profit margins; changes in
     procurement practices and policies of INTERMET's customers for automotive
     components, including the risk of the loss of major customers or the loss
     of current or prospective vehicle programs as a result of INTERMET's
     financial condition and prospects (or otherwise); possible inability to
     close unprofitable plants or to transfer work from one plant to another
     because of the related costs or customer requirements; general economic
     conditions, including any downturn in the markets in which INTERMET
     operates; fluctuations in automobile and light and heavy truck production,
     which directly affect demand for INTERMET's products; deterioration in the
     market share of any of INTERMET's major customers; fluctuations in foreign
     currency exchange rates; work stoppages or other labor disputes that could
     disrupt production at INTERMET's facilities or those of its customers;
     continuing changes in environmental regulations to which INTERMET is
     subject, and the costs INTERMET will incur in meeting more stringent
     regulations; factors or presently unknown circumstances that may result in
     impairment of INTERMET's assets, including further write-downs of its
     goodwill; and other risks as detailed from time to time in INTERMET's
     periodic SEC reports.



                                       ###