Abstract: The exhaust component has an exhaust manifold with at least two inlet lines, and, for example, also a catalytic converter and a wall with two composite wall elements. The two wall elements together, in cross section, surround interior spaces of all the inlet lines and, if appropriate, also the catalyst means of the catalytic converter. Each wall element has two single-piece metal shells and a layer of heat-insulating material which is arranged between these shells, so that each wall element provides good thermal insulation. During the production of a wall element, the shells belonging to this element, as well as the layer of insulating material arranged between them, are together subjected to plastic deformation. This allows inexpensive production of the wall.