

                              Financial Statements
                           and Supplemental Schedules

                          Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                           December 31, 2002 and 2001,
                          and for the years then ended
                        with Independent Auditors' Report


<PAGE>




                          Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                              Financial Statements
                           and Supplemental Schedules

                           December 31, 2002 and 2001,
                          and for the years then ended





                                Table of Contents

Independent Auditors' Report...................................................1

Audited Financial Statements

Statement of Net Assets Available for Benefits.................................2
Statement of Changes in Net Assets Available for Benefits....................3-4
Notes to Financial Statements...............................................5-10


Supplemental Schedules

Schedule G, Part III - Schedule of Nonexempt Transactions..................11-12
Schedule H, Part IV, 4i - Schedule of Assets Held for Investment Purposes..13-14
Schedule H, Part IV, 4j - Schedule of Reportable Transactions..............15-16




<PAGE>

                          Independent Auditors' Report

Amcast Industrial Corporation
401(k) Salary Deferral Plan

We have audited the accompanying  statement of net assets available for benefits
of the Amcast Industrial  Corporation 401(k) Salary Deferral Plan as of December
31, 2002 and 2001, and the related  statement of changes in net assets available
for  benefits  for the years then  ended.  These  financial  statements  are the
responsibility  of the Plan's  management.  Our  responsibility is to express an
opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the  United  States of  America.  Those  standards  require  that we plan and
perform the audit to obtain  reasonable  assurance  about  whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test basis,  evidence  supporting  the amounts and  disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made by  management,  as well as evaluating  the overall
financial  statement  presentation.  We believe our audits  provide a reasonable
basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all  material  respects,  the net assets  available  for benefits of the Plan at
December  31,  2002 and 2001,  and the changes in its net assets  available  for
benefits for the years then ended,  in  conformity  with  accounting  principles
generally accepted in the United States of America.

Our audits  were made for the  purpose  of  forming an opinion on the  financial
statements  taken  as  a  whole.  The  accompanying  supplemental  schedules  of
nonexempt  transactions,  assets held for  investment  purposes,  and reportable
transactions  as of and for the years ended December 31, 2002 and 2001 are not a
required  part  of  the  basic  financial   statements  but  are   supplementary
information  required by the  Department  of Labor's Rules and  Regulations  for
Reporting and Disclosure  under the Employee  Retirement  Income Security Act of
1974. The supplemental  schedules have been subjected to the auditing procedures
applied in our audits of the basic financial statements and, in our opinion, are
fairly stated in all material  respects in relation to the financial  statements
taken as a whole.



                                                         /s/ Battelle & Battelle
May 23 , 2003


Dayton, Ohio

                                                                               1
<PAGE>
                          Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                 Statement of Net Assets Available for Benefits






                                                        December 31
                                                ----------------------------
                                                     2002           2001
                                                --------------  ------------
Assets
Cash                                             $          -   $     1,950

Participant-directed investments, at fair value
    Shares of registered investment companies      19,461,785    23,117,026
    Common/collective trust fund                   10,099,018     9,590,459
    Amcast Industrial Corporation common stock      1,152,780     2,662,044
    Loans to participants                           1,722,305     1,609,626
                                                --------------  ------------
                                                   32,435,888    36,979,155
                                                --------------  ------------

Receivables
    Interest income                                     2,826         3,198
    Participant contributions                          70,069        89,305
    Employer contributions                             12,502        14,978
                                                --------------  ------------
                                                       85,397       107,481
                                                --------------  ------------

Net assets available for benefits                $ 32,521,285   $ 37,088,586
                                                ==============  ============














The accompanying notes are an integral part of the financial statements.
                                                                               2
<PAGE>
                          Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

            Statement of Changes in Net Assets Available for Benefits

                      For the year ended December 31, 2002

<TABLE>
<CAPTION>



                                                                 Fund Information
                                  ------------------------------------------------------------------------------
<S>                               <C>           <C>          <C>           <C>         <C>          <C>
                                     Amcast       T. Rowe      T. Rowe       T. Rowe     T. Rowe      T. Rowe
                                   Industrial      Price        Price         Price       Price        Price
                                   Corporation     Stable     International    New         New         Equity
                                    Common         Value        Stock       Horizons      Income     Index 500
                                     Stock          Fund         Fund         Fund         Fund         Fund
                                  ------------  ------------ ------------  ----------- ------------ ------------

     Additions
       Investment income
        Interest and dividends       $ 10,772     $ 539,855      $ 6,322      $ 3,266     $ 92,285     $ 89,585
        Net (depreciation)
          appreciation in fair
          value of investments     (2,133,793)            -      (96,064)    (358,694)      45,688   (1,421,876)
       Contributions
        Participant                   204,754       710,666      115,310      206,773      282,112      711,183
        Employer                      574,828             -            -            -            -            -
                                  ------------  ------------ ------------  ----------- ------------ ------------
                                   (1,343,439)    1,250,521       25,568     (148,655)     420,085     (621,108)

     Deductions
       Benefit payments              (216,586)   (1,107,227)     (75,063)    (126,526)    (216,252)    (617,525)

       Interfund transfers             46,880       364,405      (29,451)     (60,831)     145,321     (292,706)
                                  ------------  ------------ ------------  ----------- ------------ ------------

     Net (decrease) increase       (1,513,145)      507,699      (78,946)    (336,012)     349,154   (1,531,339)

     Net assets available for
       benefits, December 31, 2001  2,682,887     9,607,137      491,828    1,317,782    1,721,222    6,077,552
                                  ------------  ------------ ------------  ----------- ------------ ------------
     Net assets available for
       benefits, December 31, 2002 $1,169,742   $ 10,114,836   $ 412,882    $ 981,770   $2,070,376   $4,546,213
                                  ============  ============ ============  =========== ============ ============
<CAPTION>
<S>                                <C>           <C>           <C>          <C>         <C>


                                  ----------------------------------------
                                     T. Rowe       T. Rowe
                                      Price         Price
                                      Equity       Capital
                                      Income      Appreciation  Loans to    Unallocated
                                       Fund          Fund       Participants  Funds        Total
                                   ------------  ------------  -----------------------  ------------

     Additions
       Investment income
        Interest and dividends       $ 326,912     $ 161,445          $ -         $ -   $ 1,230,442
        Net (depreciation)
          appreciation in fair
          value of investments      (1,409,797)     (126,142)           -           -    (5,500,678)
       Contributions
        Participant                    727,308       385,264            -           -     3,343,370
        Employer                             -             -            -           -       574,828
                                   ------------  ------------  ----------- -----------  ------------
                                      (355,577)      420,567            -           -      (352,038)

     Deductions
       Benefit payments               (883,158)     (867,426)    (105,500)          -    (4,215,263)

       Interfund transfers            (415,688)       25,841      218,179      (1,950)            -
                                   ------------  ------------  ----------- -----------  ------------

     Net (decrease) increase        (1,654,423)     (421,018)     112,679      (1,950)   (4,567,301)

     Net assets available for
       benefits, December 31, 2001   8,870,397     4,708,205    1,609,626       1,950    37,088,586
                                   ------------  ------------  ----------- -----------  ------------
     Net assets available for
       benefits, December 31, 2002 $ 7,215,974   $ 4,287,187   $1,722,305         $ -   $32,521,285
                                   ============  ============  =========== ===========  ============





</TABLE>

     The accompanying notes are an integral part of the financial statements.
                                                                               3

<PAGE>

                          Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

            Statement of Changes in Net Assets Available for Benefits

                      For the year ended December 31, 2001
<TABLE>
<CAPTION>

                                                              Fund Information
                                  -----------------------------------------------------------------------
<S>                                <C>         <C>            <C>       <C>         <C>         <C>
                                     Amcast      T. Rowe      T. Rowe     T. Rowe     T. Rowe    T. Rowe
                                   Industrial     Price        Price       Price       Price      Price
                                   Corporation    Stable    International   New         New       Equity
                                     Common       Value        Stock      Horizons    Income    Index 500
                                      Stock        Fund        Fund         Fund       Fund        Fund
                                  ------------------------------------------------------------------------
    Additions
      Investment income
       Interest and dividends         $ 58,357   $ 557,662     $ 14,220   $  31,575   $ 87,148   $  63,207
       Net (depreciation)
         appreciation in fair
         value of investments       (2,008,534)          -     (161,215)    (61,816)    27,949    (890,455)
      Contributions
       Participant                     208,004     560,326      116,925     224,273    186,310     769,981
       Employer                        555,168           -            -           -          -           -

      Transfer from Casting
        Technology Company 401(k)
        Salary Deferral Plan                 -      88,113        7,738     113,691     70,351     104,582
                                  ------------------------------------------------------------------------
                                    (1,187,005)  1,206,101      (22,332)    307,723    371,758      47,315

    Deductions
      Benefit payments                (428,637) (1,517,735)    (130,284)    (67,256)  (175,034)   (670,283)

      Interfund transfers               74,168      80,272     (127,388)   (315,581)   260,831    (519,784)

                                  -------------------------------------------------------------------------
    Net (decrease) increase         (1,541,474)   (231,362)    (280,004)    (75,114)   457,555  (1,142,752)

    Net assets available for
      benefits, December 31, 2000    4,224,361   9,838,499      771,832   1,392,896  1,263,667   7,220,304
                                  ------------------------------------------------------------------------
    Net assets available for
      benefits, December 31, 2001  $ 2,682,887 $ 9,607,137    $ 491,828 $ 1,317,782 $1,721,222  $6,077,552
                                  ========================================================================
<CAPTION>
<S>                               <C>          <C>          <C>            <C>     <C>
                                    T. Rowe      T. Rowe
                                     Price        Price
                                     Equity      Capital
                                     Income    Appreciation  Loans to  Unallocated
                                      Fund        Fund      Participants  Funds       Total
                                    ------------------------------------------------------------

    Additions
      Investment income
       Interest and dividends     $   499,748    $ 224,305   $ 132,300      $    - $ 1,668,522
       Net (depreciation)
         appreciation in fair
         value of investments        (361,967)     196,585           -           -  (3,259,453)
      Contributions
       Participant                    713,873      336,147           -           -   3,115,839
       Employer                             -            -           -           -     555,168

      Transfer from Casting
        Technology Company 401(k)
        Salary Deferral Plan          106,406      152,028      28,629           -     671,538
                                   ------------------------------------------------------------
                                      958,060      909,065     160,929           -   2,751,614

    Deductions
      Benefit payments             (1,022,624)    (521,879)   (166,314)          -  (4,700,046)

      Interfund transfers             (27,071)     453,365     123,552      (2,364)          -
                                   ------------------------------------------------------------

    Net (decrease) increase           (91,635)     840,551     118,167      (2,364) (1,948,432)

    Net assets available for
      benefits, December 31, 2000   8,962,032    3,867,654   1,491,459       4,314  39,037,018
                                   ------------------------------------------------------------
   Net assets available for
      benefits, December 31, 2001 $ 8,870,397  $ 4,708,205  $1,609,626     $ 1,950 $37,088,586
                                   ============================================================

</TABLE>

The accompanying notes are an integral part of the financial statements.
                                                                               4

<PAGE>

                          Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                          Notes to Financial Statements

                                December 31, 2002




1. Description of the Plan

The following  description of the Amcast  Industrial  Corporation  401(k) Salary
Deferral  Plan (the Plan) is provided  for general  information  purposes  only.
Participants  should refer to the Summary Plan  Description  for a more complete
description of the Plan's provisions.

General

The Plan is a contributory defined contribution plan covering  substantially all
employees of Amcast  Industrial  Corporation  (the Company and Plan Sponsor) who
are  compensated on a salary or hourly basis and are not covered by a collective
bargaining agreement. Eligible employees may participate on the first day of the
month coincident with, or first following six months of employment.  The Plan is
subject to the Employee Retirement Income Security Act of 1974 (ERISA).

Contributions

Each year, participants may contribute, in whole percentages, an amount up to 20
percent of annual compensation,  as defined by the Plan Document.  Additionally,
participants  may make up to two lump sum  contributions  to the Plan per  year.
Participants may also contribute amounts  representing  distributions from other
qualified  defined  benefit or defined  contribution  plans.  The Company  makes
matching   contributions  equal  to  25  percent  of  the  first  6  percent  of
compensation  that is  deferred  by  participants  to the Plan.  These  matching
contributions  are made in common stock of the  Company.  The Company also makes
supplemental  matching  contributions  to the Plan  provided  that the Company's
annual  minimum  return on net worth is at least 9 percent.  The amount of these
supplemental  matching  contributions  increases based upon the level of return;
however,  the amount  shall not exceed 35  percent of the  participants'  salary
deferral contributions.

Vesting

Participants are immediately vested in their deferral  contributions plus actual
earnings thereon.  Vesting in the Company contribution portion of their accounts
plus  actual  earnings  thereon  is  based  on  years  of  continuous   service.
Participants are 50 percent vested in Company  contributions made after one year
of service with the Company,  75 percent vested after two years of service,  and
fully vested after three years of service.

                                                                               5
<PAGE>
                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                          Notes to Financial Statements

                                December 31, 2002


1. Description of the Plan (continued)

Participant Loans

Participants  may  borrow  from  their  fund  accounts a minimum of $500 up to a
maximum of the lesser of $50,000  (less the highest  outstanding  balance of any
loan made to the participant under the Plan during the 12-month period preceding
the date of the loan) or 50 percent of their vested  account  balance.  The loan
term is not to exceed 5 years unless the loan is for the purchase of a principal
residence,  in which case the term may be as long as 30 years. Interest rates on
these  loans  are one  percent  above the prime  rate of  interest  on the first
business day of the calendar  quarter in which a loan application is made to the
Company.

Participant Accounts

Each participant's account is credited with the participant's  contributions and
allocations  of (a) the  Company's  contributions  and (b)  Plan  earnings.  The
benefit to which a  participant  is entitled is the benefit that can be provided
from the participant's account.

Payment of Benefits

On termination of service for any reason,  a participant  may receive a lump-sum
amount equal to the vested  value of his or her  account,  in either (a) cash or
(b) cash for all  investments  other than  Company  stock and the  participant's
related shares of the Company's stock.

Administrative Expenses

Substantially all expenses of the Plan are paid by the Company.

Forfeited Accounts

At December 31, 2002  forfeited  nonvested  accounts  totaled  $27,217  (none in
2001).  This amount will be allocated to the accounts of active  participants as
of December 31, 2002.


                                                                               6
<PAGE>
                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                          Notes to Financial Statements

                                December 31, 2002


2. Summary of Significant Accounting Policies

Basis of Accounting

The Plan's financial statements are prepared on the accrual basis of accounting.

Use of Estimates

The preparation of financial statements in conformity with accounting principles
generally   accepted  in  the  United  States  of  America   requires  the  Plan
administrator  to  make  estimates  that  affect  the  amounts  reported  in the
financial  statements and accompanying  notes.  Actual results could differ from
those estimates.

Investment Valuation

The Plan's  investments  are  stated at fair  value.  The  shares of  registered
investment  companies are valued at quoted market prices which represent the net
asset  values  of shares  held by the Plan at  year-end.  Participant  loans are
valued at their  outstanding  balances,  which  approximate fair value.  Company
common   stock  and  the   participation   units   owned  by  the  Plan  in  the
common/collective  trust fund are based on quoted  redemption  value on the last
business day of the Plan year. Investment securities, in general, are exposed to
various risks, such as interest rate, credit, and overall market volatility. Due
to the  level of risk  associated  with  certain  investment  securities,  it is
reasonably  possible  that changes in the values of investment  securities  will
occur in the near term and that such changes could materially affect the amounts
reported in the statements of net assets available for benefits.


                                                                               7
<PAGE>
                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                          Notes to Financial Statements

                                December 31, 2002


3. Investments

The fair value of individual investments that represent 5 percent or more of the
Plan's net assets available for benefits at December 31 are as follows:
                                                 2002                 2001
                                            ---------------      ---------------

Shares of registered investment companies:
  T. Rowe Price New Income Fund              $ 2,064,303          $ 1,715,155
  T. Rowe Price Capital Appreciation Fund      4,278,891            4,697,089
  T. Rowe Price Equity Index 500 Fund          4,530,775            6,055,610
  T. Rowe Price Equity Income Fund             7,200,033            8,849,038
Common/collective trust fund:
  T. Rowe Price Stable Value Fund             10,099,018            9,590,459
Amcast Industrial Corporation common stock     1,152,780            2,662,044
Loans to participants                          1,722,305            1,609,626

For the years ended December 31, 2002 and 2001, the Plan's investments
(including investments bought, sold, and held during the year) depreciated in
value by $5,500,678 and $3,259,453, respectively:
                                                  2002             2001
                                             --------------   --------------

Shares of registered investment companies    $ 3,366,885      $ 1,250,919
Amcast Industrial Corporation common stock     2,133,793        2,008,534
                                             --------------   --------------

                                             $ 5,500,678      $ 3,259,453
                                             ==============   ==============



                                                                               8
<PAGE>
                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                          Notes to Financial Statements

                                December 31, 2002

4. Income Tax Status

The  Internal  Revenue  Service  (IRS)  ruled  on July 21,  1992,  that the Plan
qualifies  under  Section  401(a) of the  Internal  Revenue  Code (the IRC) and,
therefore,  the underlying  trust is not subject to income tax under present tax
law. The Plan was subsequently  amended. The Company is currently waiting for an
IRS determination for the Plan, as amended. The Company's Pension Administration
Committee and the Company's  tax counsel  believe that the Plan, as amended,  is
operating in conformity  with the IRC. Once  qualified,  the Plan is required to
operate in conformity with the IRC to maintain its qualification.  The Company's
Pension Administration  Committee and the Company's tax counsel are not aware of
any course of action or series of events that have occurred that might adversely
affect the Plan's qualified status.

5. Transactions With Parties-In-Interest

The Trust is not charged for administrative  services performed on its behalf by
the  Company.  The Plan also  invests in common  stock of the Company  (the Plan
Sponsor).

6. Plan Termination

Although  it has not  expressed  any intent to do so, the  Company has the right
under the Plan to discontinue its contributions at any time and to terminate the
Plan  subject  to the  provisions  of ERISA.  In the event of Plan  termination,
participants will become 100 percent vested in their accounts.

7. Prohibited Transactions

During 2001,  the Plan sponsor  discovered  that it had failed to remit  certain
participants'   deferral   contributions   and  the  related  employer  matching
contributions to the Plan for a pay period that had occurred in December,  1999.
Consequently, in October of 2001, the Plan sponsor made additional contributions
to the Plan  consisting  of  $4,451,  the  original  amount  of the  participant
deferrals,  $745, the amount of the employer matching contribution,  and $1,085,
the  amount   calculated   by  the   sponsor  for  lost  Plan  income  on  these
contributions.

                                                                               9
<PAGE>
                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                          Notes to Financial Statements

                                December 31, 2002


8. Transfer from Other Company Sponsored Plan

Effective August 31, 2001, the participants and net assets of the Casting
Technology Company 401(k) Salary Deferral Plan were merged into the Plan. The
following is a summary of the net assets transferred:

Shares of registered investment companies              $   554,796
Common/collective trust fund                                88,113
Loans to participants                                       28,629
                                                      -------------

                                                       $   671,538
                                                      =============


                                                                              10
<PAGE>




                             Supplemental Schedules









<PAGE>

                          Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                           EIN 31-0258080 / Plan 002

                              Schedule G, Part III
                       Schedule of Nonexempt Transactions

                                December 31, 2002

<TABLE>
<CAPTION>


<S>          <C>                  <C>                        <C>        <C>      <C>      <C>           <C>
                                  (c)                                                     (i)
             (b)                  Decription of                                           Current       (j)
(a)          Relationship of      Transaction Including                                   Value of      Net
Identity     Plan, Employer       Maturity Date, Rate of     (d)        (e)      (h)      Asset at      Gain or (Loss)
of Party     or Other             Interest, Collateral,      Purchase   Selling  Cost of  Date of       on Each
Involved     Party-In-Interest    Par or Maturity Value      Price      Price    Asset    Transaction   Transaction
------------ -------------------  -------------------------  ---------  -------- -------- ------------  -----------------


                                                      No Nonexempt Transactions



</TABLE>




There were no lease rental activities or expenses incurred with the above
transactions.
Therefore, columns (f) and (g) were eliminated for presentation purposes.

                                                                              11

<PAGE>

                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                           EIN 31-0258080 / Plan 002

                              Schedule G, Part III
                       Schedule of Nonexempt Transactions

                                December 31, 2001

<TABLE>
<CAPTION>


<S>          <C>                  <C>                        <C>        <C>      <C>      <C>           <C>
                                  (c)                                                     (i)
             (b)                  Decription of                                           Current       (j)
(a)          Relationship of      Transaction Including                                   Value of      Net
Identity     Plan, Employer       Maturity Date, Rate of     (d)        (e)      (h)      Asset at      Gain or (Loss)
of Party     or Other             Interest, Collateral,      Purchase   Selling  Cost of  Date of       on Each
Involved     Party-In-Interest    Par or Maturity Value      Price      Price    Asset    Transaction   Transaction
------------ -------------------  -------------------------  ---------  -------- -------- ------------  -----------------

Amcast       Plan Sponsor         Overdue employee           $4,451      N/A      N/A     $4,451         N/A
Industrial                        contributions not timely
Corporation                       remitted to the plan

Amcast       Plan Sponsor         Overdue employer              745      N/A      N/A        745         N/A
Industrial                        contributions not timely
Corporation                       remitted to the plan


</TABLE>




There were no lease rental activities or expenses incurred with the above
transactions.
Therefore, columns (f) and (g) were eliminated for presentation purposes.

                                                                              12

<PAGE>


                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                            EIN 31-0258080 / Plan 002

 Schedule H, Part IV, Line 4i - Schedule of Assets Held for Investment Purposes

                                December 31, 2002


<TABLE>
<CAPTION>

<S>                                                     <C>                     <C>                 <C>
(a),(b)                                                 (c)                                         (e)
Identity of Party Involved and                          Description of          (d)                 Fair
Description of Asset                                    Investment              Cost                Value
-----------------------------------------------         ------------------      ------------        ------------

Shares of registered investment companies
 *  T. Rowe Price International Stock Fund                46,221 shares         $   493,944          $  410,438
 *  T. Rowe Price New Horizons Fund                       58,841 shares           1,269,486             977,345
 *  T. Rowe Price New Income Fund                        232,205 shares           2,019,703           2,064,303
 *  T. Rowe Price Capital Appreciation Fund              301,118 shares           4,412,633           4,278,891
 *  T. Rowe Price Equity Index 500 Fund                  191,414 shares           5,749,491           4,530,775
 *  T. Rowe Price Equity Income Fund                     363,822 shares           8,485,528           7,200,033
                                                                                -----------         -----------
                                                                                 22,430,785          19,461,785

Common/collective trust fund
 *  T. Rowe Price Stable Value Fund                    10,099,018 units          10,099,018          10,099,018

Common stock
 *  Amcast Industrial Corporation common stock           678,066 shares           3,180,150           1,152,780

Loans to participants                                   Rates ranging from
Participant loans                                         6.5% to 10.5%           1,722,305           1,722,305
                                                                                -----------         -----------


                                                                                $37,432,258         $32,435,888
                                                                                ===========         ===========

</TABLE>



 *  Indicates party-in-interest to the Plan.

                                                                              13

<PAGE>

                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                            EIN 31-0258080 / Plan 002

 Schedule H, Part IV, Line 4i - Schedule of Assets Held for Investment Purposes

                                December 31, 2001


<TABLE>
<CAPTION>

<S>                                                     <C>                     <C>                 <C>
(a),(b)                                                 (c)                                         (e)
Identity of Party Involved and                          Description of          (d)                 Fair
Description of Asset                                    Investment              Cost                Value
-----------------------------------------------         ------------------      ------------        ------------

Shares of registered investment companies
 *  T. Rowe Price International Stock Fund                44,429 shares         $   686,179          $  488,270
 *  T. Rowe Price New Horizons Fund                       57,970 shares           1,456,373           1,311,864
 *  T. Rowe Price New Income Fund                        197,599 shares           1,715,750           1,715,155
 *  T. Rowe Price Capital Appreciation Fund              320,839 shares           4,487,221           4,697,089
 *  T. Rowe Price Equity Index 500 Fund                  196,356 shares           5,691,409           6,055,610
 *  T. Rowe Price Equity Income Fund                     374,167 shares           8,803,675           8,849,038
                                                                                -----------         -----------
                                                                                 22,840,607          23,117,026

Common/collective trust fund
 *  T. Rowe Price Stable Value Fund                     9,590,459 units           9,590,459           9,590,459

Common stock
 *  Amcast Industrial Corporation common stock           494,791 shares           6,273,469           2,662,044

Loans to participants                                   Rates ranging from
Participant loans                                         6.5% to 10.5%           1,609,626           1,609,626
                                                                                -----------         -----------


                                                                                $40,314,161         $36,979,155
                                                                                ===========         ===========

</TABLE>



 *  Indicates party-in-interest to the Plan.

                                                                              14

<PAGE>

                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                            EIN 31-0258080 / Plan 002

       Schedule H, Part IV, Line 4j - Schedule of Reportable Transactions

                      For the year ended December 31, 2002

<TABLE>
<CAPTION>

<S>                               <C>               <C>             <C>          <C>      <C>            <C>
                                                                                          (h)
                                                                                          Fair
                                  (b)                                            (g)      Value of       (i)
                                  Description       (c)             (d)          Cost     Asset at       Net
(a)                               of                Purchase        Selling      of       Date of        Gain or
Identity of Party Involved        Investment        Price           Price        Asset    Transaction    (Loss)
------------------------------ ----------------- ------------- -------------- --------- -------------- ----------


                           - - No Reportable Transactions - -

</TABLE>


There were no category (i), (ii), (iii) or (iv) transactions during the year.

There were no lease rental activities or expenses incurred with the plan.
Therefore, columns (e) and (f) were eliminated for presentation purposes.

                                                                              15

<PAGE>

                         Amcast Industrial Corporation
                           401(k) Salary Deferral Plan

                            EIN 31-0258080 / Plan 002

       Schedule H, Part IV, Line 4j - Schedule of Reportable Transactions

                      For the year ended December 31, 2001

<TABLE>
<CAPTION>

<S>                               <C>               <C>             <C>          <C>      <C>            <C>
                                                                                          (h)
                                                                                          Fair
                                  (b)                                            (g)      Value of       (i)
                                  Description       (c)             (d)          Cost     Asset at       Net
(a)                               of                Purchase        Selling      of       Date of        Gain or
Identity of Party Involved        Investment        Price           Price        Asset    Transaction    (Loss)
----------------------------- ----------------- ---------------- ----------- ---------- -------------- ----------


                           - - No Reportable Transactions - -

</TABLE>


There were no category (i), (ii), (iii) or (iv) transactions during the year.

There were no lease rental activities or expenses incurred with the plan.
Therefore, columns (e) and (f) were eliminated for presentation purposes.

                                                                              16



