Remy International Redeems All Preferred Stock

PENDLETON, Ind., Feb. 9, 2011 /PRNewswire/ — Remy International, Inc. today
announced that it has completed the previously-announced redemption of its
remaining Preferred Stock. 48,004 shares of Preferred Stock were exchanged in
the Remy Rights Offering that closed on January 18, 2011. The remaining 38,996
shares of Preferred Stock were redeemed for approximately $45 million by the
Company effective January 31, 2011, thereby cancelling all Preferred Stock of
the Company.

John Weber, President and CEO, stated, “We are pleased that Remy was able to
redeem its remaining shares of Preferred Stock. At this time, Remy enjoys a
capital structure consisting of bank debt, a revolver and common stock equity.
We are well-poised for strategic growth.”

If you have any questions, please contact Fred Knechtel, Remy’s Chief Financial
Officer, at 765-778-6871.

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.

Safe Harbor Statement

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 statements
contained herein are reasonable, there can be no assurance that the
forward-looking statements included in this press release will prove to be
accurate.

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

SOURCE Remy International, Inc.