Press Release

Oct. 27, 2005

Australian Rubber Mixing Plant Declares Official Opening

Toyo Tyre & Rubber Australia Limited (TAL, President: Isamu Kaneto), a subsidiary of Toyo Tire & Rubber Co., Ltd. (President and CEO: Yoshio Kataoka), announced on the 20th of October the official opening of its new rubber mixing plant in Australia.

Besides the import and sale of Toyo brand tires, and the manufacture and sale of automotive parts, TAL is supplying mixed rubber to some of the major rubber consumers in the country. With the demand for mixed rubber rising in the last few years, TAL decided to open a new plant with a view to improving supply arrangements and boosting capacity.

Simultaneously an occasion to celebrate the 30th anniversary of the foundation of TAL, the opening ceremony was attended by some 150 visitors, including central and local government officials, key customers, business partners, construction business related personnel, and tire dealers from around Australia.

<Profile of the new rubber mixing plant>
1. Location Minto, New South Wales, Australia
2. Ground area 76,900m2
3. Employees 61
<Profile of TAL>
1. Business lines Import and sale of Toyo tires, manufacture and sale of automotive parts, and production and sale of mixed rubber
2. Products Anti-vibration rubber parts for automobiles, instrument panels
3. President Isamu Kaneto
4. Paid-up capital US$15.000,000
5. Head Office Enfield, New South Wales, Australia
6. Employees 277



Toyo Tire Corporation
Corporate Communications Dept.
Hyogo Head office Telephone: +81-72-789-9100 Facsimile: +81-72-773-3272