EX-99.12 13 twi091412ex9912.htm CONSENT LETTER - OPTION LETTER

TWI 09.14.12 EX 99.12

SEYMOUR PIERCE

The Board of Directors

Titan International, Inc.

2701 Spruce Street

Quincy, IL 62301

United States of America

14 September 2012

Dear Sirs,

Publication of the letter concerning proposals to the Option Holders of Titan Europe plc

We refer to the letter concerning proposals to the Option Holders of Titan Europe plc to be dated on or about 14 September 2012 ("the Option Letter") and to the reference in the Option Letter to Seymour Pierce Limited.

We hereby consent to the issue of the Option Letter, with the inclusion therein of our name in the form and context in which it is included.

Yours sincerely,

Mark Percy

Managing Director

for and on behalf

of Seymour Pierce Limited