Titan International, Inc. Dealing Disclosure Requirements

QUINCY, Ill.—The following is an announcement that has been requested by the Takeover Panel in the United Kingdom to be published. They have requested this announcement because whether there has been an offer or not, the Preliminary Proxy filing on April 11, 2008, has triggered the requirement of this announcement under their code. For more information, please do not call Titan International Inc. or Titan Europe Plc, but instead contact the Takeover Panel Market Surveillance Unit in London (+44 20 7638 0129 or monitoring@disclosure.org.uk), noting time difference and dialing prefix 001 if placing a call from the United States.

Dealing Disclosure Requirements

Following the announcement of a possible share offer for Titan Europe Plc (“Titan Europe”), Titan International Inc. (NYSE: TWI) common stockholders are subject to the dealing disclosure requirements of Rule 8 of the UK Takeover Code (the “Code”).

Under the provisions of Rule 8.3 of the Code, if any person is, or becomes, “interested” (directly or indirectly) in 1% or more of any class of “relevant securities” of Titan International Inc. or of Titan Europe, all “dealings” in any “relevant securities” of that company (including by means of an option in respect of, or a derivative referenced to, any such “relevant securities”) must be publicly disclosed by no later than 3:30 p.m. (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the “offer period” otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an “interest” in “relevant securities” of Titan International Inc. or Titan Europe, they will be deemed to be a single person for the purpose of Rule 8.3.Under the provisions of Rule 8.1 of the Code, all “dealings” in “relevant securities” of Titan International Inc. or of Titan Europe by Titan International Inc. or Titan Europe, or by any of their respective “associates,” must be disclosed by no later than 12:00 noon (London time) on the London business day following the date of the relevant transaction.

A disclosure table, giving details of the companies in whose “relevant securities” “dealings” should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel’s Web site at www.thetakeoverpanel.org.uk.

“Interests in securities” arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an “interest” by virtue of the ownership of control of securities, or by virtue of any option in respect of, or derivative reference to, securities.

Terms in quotation marks are defined in the Takeover Code, which can also be found on the Takeover Panel’s Web site. If you are in any doubt as to whether or not you are required to disclose a “dealing” under Rule 8, you should consult the Takeover Panel Market Surveillance Unit (+44 20 7638 0129 or monitoring@disclosure.org.uk).