Remy International Extends Shareholder Consent Date

PENDLETON, Ind., Dec. 22, 2010 /PRNewswire/ — Remy International, Inc. today
announced it is extending the time period for its current shareholder consent
solicitation. That solicitation was due to expire today December 20, 2010.

Last Friday, December 17, the Company was advised that the Delaware Court of
Chancery issued an order enjoining the Company from proceeding with the
shareholder consent solicitation, pending additional disclosures in the
solicitation with respect to the proposed rights offering that is scheduled to
close mid-January 2011.

The order was issued in connection with a shareholder action filed by JB Capital
Partners, L.P. against Remy challenging the sufficiency of the disclosures
provided in the solicitation materials circulated to common shareholders in
November 2010. According to Company records, JB Capital Partners, L.P. owns
286,025 shares or approximately 2.66% of the Remy outstanding common stock.

To comply with the court order, the Company plans to issue a supplement to
common shareholders and extend the date for closing the shareholders consent
until January 4, 2011. Shareholders are advised not to take any action pending
the additional disclosures. Shareholders who previously voted to approve the
rights offering transactions will have the right to withdraw their prior consent
should they wish to do so in light of the additional disclosures. Shareholders
will also be asked to affirmatively consent to amend the Company’s Certificate
of Incorporation to include a redemption preference in the Certificates of
Designation for the Company’s Series A and Series B preferred stock.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of securities in any state in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

About Remy International, Inc.

Remy International, Inc., headquartered in Pendleton, Indiana, is a leading
global manufacturer, remanufacturer and distributor of light duty starters and
alternators and Delco Remy brand heavy-duty systems. Remy International also
manufactures and distributes electric propulsion motors designed with leading
edge technology and backed by the security of over a billion miles of proven
reliability. In business for over 100 years, today Remy International is
actively collaborating with companies throughout the world to develop
innovations that are transforming the vehicle industry. Recently, Remy
International was recognized by the United States Department of Energy for its
leadership role in the hybrid technologies space and awarded a $60 million grant
under the Electric Drive Vehicle Battery and Component Manufacturing Initiative.

To learn more, visit the Remy brand website at www.remyinc.com

Safe Harbor Statement

This press release is provided for informational purposes only and is neither an
offer to purchase nor a solicitation of an offer to sell any securities of Remy
International, Inc.

This press release contains forward-looking statements. All statements contained
in this press release that are not clearly historical in nature or that
necessarily depend on future events are forward-looking, and the words
“anticipate,” “believe,” “expect,” “estimate,” “plan” and similar expressions
are generally intended to identify forward-looking statements. Investors are
cautioned that all forward-looking statements involve certain risks and
uncertainties that are difficult to predict and are based upon assumptions as to
future events that may not prove to be accurate. Although Remy International,
Inc. believes the assumptions underlying the forward-looking

CONTACT: Matt Steward, Westcomm, msteward@westcommonline.com, 317-270-4894

SOURCE Remy International, Inc.

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