Cooper Withdraws Third Quarter Guidance

Cooper Tire & Rubber Company today issued a statement advising that it has withdrawn its guidance for expected earnings in the third quarter of 2005. The company cited various market and company specific factors that changed materially from management’s assumptions at the original guidance was issued on 2 August 2005. These factors included softer industry demand in the North American replacement tire market, which led to lower than anticipated sales; changes in raw material costs; higher shipping and transportation costs; and higher energy costs.