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COOPER TIRE STATEMENT ON DELAWARE COURT HEARING

(The following is a reformatted version of a statement
issued by Cooper Tire & Rubber Company and received via
electronic mail. The release was confirmed by the sender.) 
We are pleased the Delaware Chancery Court has agreed to
Cooper’s request for an expedited hearing of our complaint and
will proceed along the Court’s stated timeline to hear the case
in early November. The strategic rationale for the pending
merger with Apollo Tyres remains compelling and we believe it
will create value for all stakeholders. We look forward to
closing the pending merger as soon as possible. 
(bjh) NY 
#<873920.660640.3.9.0.0.76>#
 
 
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