Cooper Tire & Rubber Company Announces Tentative Agreement with Texarkana Local 752L

FINDLAY, Ohio, Dec. 11 /PRNewswire-FirstCall/ — Cooper Tire & Rubber
Company (NYSE: CTB) today announced that a new tentative agreement has been
reached between Cooper Tire and the United Steelworkers of America Local 752L,
representing workers at the Texarkana, Ark. facility.

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Commenting on the tentative agreement, John Bodart, Acting Vice President,
North American Tire Operations, said, “We were pleased at the cooperation with
our union leadership in coming to the table early to help put Cooper Tire in a
more competitive position. This new contract will be factored into the network
capacity analysis now being done for all of our manufacturing plants in North
America.”

United Steel Workers Local 752L are currently working under an agreement
which would not have expired until 2010.

David Boone, Local 752L President, was also satisfied that a tentative
agreement could be reached, “We stepped up to demonstrate that Texarkana fully
understands the challenging situation that Cooper Tire is in and to show that
we have the ability to make changes necessary to make sure that our plant is
as competitive as possible when all of the plants are evaluated.”

An informational meeting for members will take place Dec. 12 at the Four
States Fairgrounds, with a vote taken at the Union Hall on Dec. 13.

About Cooper Tire & Rubber Company

Cooper Tire & Rubber Company is a global company that specializes in the
design, manufacture, marketing and sales of passenger car, light truck, medium
truck tires and subsidiaries that specialize in motorcycle and racing tires.
With headquarters in Findlay, Ohio, Cooper Tire has manufacturing, sales,
distribution, technical and design facilities within its family of companies
located in 10 countries around the world. For more information, visit Cooper
Tire’s web site at: www.coopertire.com.

SOURCE Cooper Tire & Rubber Company