Titan revises sales and EBITDA guidance upward

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Titan revises sales and EBITDA guidance upward

4 }4 T! T* U" x( L8 G6 kFriday, September 30, 2011

7 o) h  R& U6 W: K# YQuincy, IL - Titan International has revised 2011 sales and EBITDA guidance from May 19. “Agriculture is booming, mining is hot and construction is rebounding. Based on the current demand in our markets, I am revising our latest sales projections for 2011 to be approximately $1.4 billion from the previous $1.2 to $1.35 billion issued in May. Revised EBITDA goals will range from approximately $175 to $200 million, an increase from the May projections of $135 to $155 million. Business at Titan is going strong as we enter into the second half of 2011 and we look forward to 2012 with much optimism based on demands of our customers and the potential growth for the company. We are in a great position to grow and take advantage of opportunities to lead in our markets worldwide,” stated Maurice M. Taylor, chairman and CEO.