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Titan already announces a 1Q 2012 dividend

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The board of directors of Titan International Inc. has approved a quarterly cash dividend of one-half cent per common share for the first quarter of 2012. It is the 44th consecutive quarter that Titan has approved a one-half cent dividend.

The cash dividend is payable Apr. 16, 2012, to stockholders of record on March 30, 2011. Titan last paid a dividend on Jan. 15, 2012.

Titan recorded net income of $19.5 million on sales of $402.9 million for the fourth quarter ended Dec. 31, 2011. The 4Q income-to-sales ratio was 4.8%.

(For more information on Titan's most recent financial results, click on "Titan has record 4Q, record 2011.)

For more information on Titan and its products, visit www.titan-intl.com.

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