Titan redeems 8.75% senior notes

Aug. 26, 2004

All $136.8 million of Titan International Inc.´s outstanding 8.75% senior subordinated notes were redeemed earlier today.

"We appreciate the confidence of our bond holders during the past seven years," says Titan CEO and President Morry Taylor.

"The financial support has been a valuable tool as Titan continuously strives to lead the off-highway wheel and tire industry."