Titan Announces Dividend for the First Quarter of 2002

QUINCY, Ill., March 8 The Board of Directors of Titan International, Inc. has approved a quarterly cash dividend of $.005 (one half cent) per common share for the first quarter of 2002. The dividend is payable April 15, 2002, to stockholders of record on March 29, 2002.

Titan is a global supplier of mounted wheel and tire systems for off-highway equipment used in agriculture, earthmoving/construction, and consumer (i.e. all terrain vehicles and trailers) applications. Titan has manufacturing and distribution facilities worldwide.