Accuride Corp (ACW) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2007

Exhibit 99.1

FOR IMMEDIATE RELEASE

Accuride Corporation Reports Results for 2007

EVANSVILLE, Ind. – February 28, 2008 –

The Company reported results of $222.5 million in net sales for the fourth quarter of 2007 compared to $344.9 million for the fourth quarter of 2006.  For the twelve months ended December 31, 2007, net sales were $1.0 billion compared to $1.4 billion for the same twelve month period in 2006.  The decrease in net sales was primarily a result of the reduced demand for commercial vehicles with engines compliant with new emission standards that became effective in 2007.

A net loss of $10.4 million, or ($0.29) per diluted share, was reported for the fourth quarter of 2007 compared to net income of $14.3 million, or $0.41 per diluted share, for the fourth quarter of 2006.  For the twelve months ended December 31, 2007, a net loss of $8.6 million, or ($0.25) per diluted share, was reported compared to net income of $65.1 million, or $1.88 per diluted share, in 2006.  The net loss included unfavorable special items totaling $13.7 million, or $0.39 per diluted share, which was $21.0 million on a pre-tax basis.  The special items included a $10.6 million increase in revenue from a resolution of a commercial dispute with a customer and a $3.2 million net gain from insurance proceeds, which was offset by pre-tax costs of $14.2 million associated with a reduction in the employee workforce in our steel wheel operations, $14.1 million in accelerated depreciation and a write-down of supplies inventory related primarily to light steel wheel assets, and $6.5 million related to employment matters and other items.

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