Titan International, Inc. Announces Third Quarter Cash Dividend

Quincy, IL. - The Board of Directors of Titan International, Inc. (NYSE: TWI) has approved a quarterly cash dividend of $.005 (one half cent) per common share for the third quarter of 2005. The cash dividend is payable October 14, 2005, to stockholders of record on September 30, 2005.

Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction, and consumer (i.e. all terrain vehicles and trailers) applications.