Titan International Announces Third Quarter Cash Dividend

The Board of Directors of Titan International, Inc. has approved a quarterly cash dividend of $.005 (one half cent) per common share for the third quarter of 2007. The cash dividend is payable October 15, 2007, to stockholders of record on September 28, 2007. Titan International, Inc., a holding company, owns subsidiaries that supply wheels, tyres and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles) applications.