News Release from Titan International, Inc.
December 12, 2006

TITAN INTERNATIONAL, INC. ANNOUNCES FOURTH QUARTER CASH DIVIDEND

QUINCY, Ill.—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 fourth quarter of 2006. The cash dividend is payable January 12, 2007, to stockholders of record on December 29, 2006.

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 (including all terrain vehicles and trailers) applications.

Contact: Courtney Leeser
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(217) 221-4489