Executive Management Changes
(November 29, 2007)

OSAKA, JAPAN - November 29, 2007

The Board of Directors of TOYO TIRE & RUBBER CO., LTD. approved today the following executive management changes effective January 1st, 2008:

Yoshio Kataoka
New Position: Member of the Board, and Advisor to the President
Current Position: President and Chief Executive Officer; Member of the Board; Representative Director

Kenji Nakakura
New Position: President and Chief Executive Officer; Member of the Board; Representative Director
Current Position: Managing Executive Officer; Member of the Board; President, DiverTech Company

Yoshio Kataoka is resigning his position to take responsibility for the company's recent compliance reporting issue as previously disclosed on November 5, 2007.

For further information, contact: TOYO TIRE & RUBBER CO., LTD., Corporate Communications

https://i01.smp.ne.jp/u/toyorubber/english/index.html


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