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Kumho Tire Co Inc (KHTC)

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Monday 23 July, 2007

Kumho Tire Co Inc

2nd Quarter Results

Kumho Tire Co Inc
23 July 2007


                              KUMHO TIRE CO., INC.
                                      
Kumho Tire Co., Inc. releases its financial result for the second quarter of
2007 on July 23, 2007. The figures presented herein are not finalized and such
figures are subject to change during an independent auditing process.

The following table reflects key figues and the relevent presentation material
would be available on the Company's website, www.kumhotire.com.

• Sales of Income Statement for 'The Same Fiscal Period of FY 2006' are
changed due to the Korean Accounting Standards applied to the financial
statements for FY 2006 & FY 2007. �However, other figures are not changed.

  ------------   ------   ---------   ---------   ---------          ----------
 (KRW million)   2007 2Q   2007 1Q    % Change     2006 2Q        % Change (YoY)
                                        (QoQ)
    ------------  ------   ---------  ---------    ---------         ----------
Sales            517,336     453,695        14.0     428,583               20.7
------------      ------   ---------   ---------   ---------          ---------
Operating Income  35,377      22,103        60.1      14,654              141.4
------------     -------   ---------   ---------   ---------          ---------
Earnings before
taxes              9,406     -14,063           -      19,453              828.5
------------     -------   ---------   ---------   ---------          ---------
Net Income         9,406     -14,337           -       2,983              215.3
------------     -------   ---------   ---------   ---------          ---------


(KRW million)                    2007 1H          2006 1H         % Change (YoY)
-----------                  -----------      -----------            -----------
Sales                            971,031           856,143                  13.4
-----------                  -----------       -----------           -----------
Operating Income                  57,480             40839                  40.8
-----------                  -----------       -----------           -----------
Earnings before taxes             -4,657            19,453                     -
-----------                  -----------       -----------           -----------
Net Income                        -4,931            17,575                     -
-----------                  -----------       -----------           -----------


For more information, please visit our website, www.kumhotire.com/ir



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