Cooper Cautions Shareholders

Apr 18, 2001, 01:00 ET from Cooper Tire & Rubber Company

    FINDLAY, Ohio, April 18 /PRNewswire/ -- COOPER TIRE & RUBBER COMPANY
 (NYSE:   CTB) today warned shareholders that they may receive and should not
 accept an offer made by a Canadian organization named TRC Capital Corporation
 to purchase, for investment purposes, a very small percentage (3.4%) of the
 Company's common stock at a price below market and book value.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010404/COOPERLOGO )
     Richard Teeple, Vice President and General Counsel, noted that the offer
 is of a type that the U.S. Securities and Exchange Commission, which regulates
 securities transactions, has said is increasingly used to catch investors off
 guard.  Those investors assume that the price offered is at a premium to the
 market price, when in fact, the purpose of the offer is to acquire shares at
 bargain prices, without regard to shareholder interests.
     The Company has reviewed TRC's offer and believes that certain aspects of
 it constitute highly questionable practices under the federal securities laws.
 The Company has contacted the Securities and Exchange Commission to inform the
 agency of TRC's offer and has asked the SEC to review the offer for potential
 violations of the law.
 
     Company Description
     Cooper Tire & Rubber Company is headquartered in Findlay, Ohio and
 specializes in the manufacture and marketing of automotive products.  Products
 for Cooper's tire group include automotive, motorcycle and truck tires, inner
 tubes, tread rubber and equipment.  In the automotive group, Cooper is an
 original equipment supplier of sealing, trim, NVH control systems and fluid
 handling systems for the automotive industry in North America, Europe,
 Australia and South America. Cooper has more than 20,000 employees and
 57 manufacturing facilities in 13 countries.  For more information, visit the
 Company's web site at: www.coopertire.com .
 
 

SOURCE Cooper Tire & Rubber Company
    FINDLAY, Ohio, April 18 /PRNewswire/ -- COOPER TIRE & RUBBER COMPANY
 (NYSE:   CTB) today warned shareholders that they may receive and should not
 accept an offer made by a Canadian organization named TRC Capital Corporation
 to purchase, for investment purposes, a very small percentage (3.4%) of the
 Company's common stock at a price below market and book value.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010404/COOPERLOGO )
     Richard Teeple, Vice President and General Counsel, noted that the offer
 is of a type that the U.S. Securities and Exchange Commission, which regulates
 securities transactions, has said is increasingly used to catch investors off
 guard.  Those investors assume that the price offered is at a premium to the
 market price, when in fact, the purpose of the offer is to acquire shares at
 bargain prices, without regard to shareholder interests.
     The Company has reviewed TRC's offer and believes that certain aspects of
 it constitute highly questionable practices under the federal securities laws.
 The Company has contacted the Securities and Exchange Commission to inform the
 agency of TRC's offer and has asked the SEC to review the offer for potential
 violations of the law.
 
     Company Description
     Cooper Tire & Rubber Company is headquartered in Findlay, Ohio and
 specializes in the manufacture and marketing of automotive products.  Products
 for Cooper's tire group include automotive, motorcycle and truck tires, inner
 tubes, tread rubber and equipment.  In the automotive group, Cooper is an
 original equipment supplier of sealing, trim, NVH control systems and fluid
 handling systems for the automotive industry in North America, Europe,
 Australia and South America. Cooper has more than 20,000 employees and
 57 manufacturing facilities in 13 countries.  For more information, visit the
 Company's web site at: www.coopertire.com .
 
 SOURCE  Cooper Tire & Rubber Company