Cooper Tire & Rubber Company Signs Technical Assistance Agreement With Daekyung of South Korea

NOVI, Mich., Feb. 17, 2004 -- Cooper Tire & Rubber Company's operating group, Cooper-Standard Automotive, has signed a technical assistance agreement with Daekyung Chemical Corporation of South Korea. Cooper-Standard's NVH Control Systems Division will provide design and engineering development support for engine mount systems on three future Hyundai and Kia vehicle platforms.

"This is an outstanding opportunity for Daekyung and Cooper-Standard Automotive as we team up to provide engine mount system technology for Hyundai and Kia," said Allen Campbell, vice president, controller, and Asian Operations.

Company Description

Cooper Tire & Rubber Company, headquartered in Findlay, Ohio, specializes in the manufacture and marketing of products for the global automotive industry. Products include automotive, motorcycle and truck tires, inner tubes, tread rubber and equipment, as well as sealing, trim, NVH control systems and fluid handling systems. Cooper has more than 20,000 employees and 51 manufacturing facilities in 13 countries. For more information, visit the Company's web site at: www.coopertireandrubber.com .