Press Release -1- ContiLifeCycle Grows Dealer Network with Piedmont Truck Tires Piedmont Truck Tires now producing premium retreaded tires with Continental flat precure treads First retreader to use Continental’s new manufacturing control software, CLC Soft Fort Mill, South Carolina, July 23, 2014. Piedmont Truck Tires, one of the South’s largest commercial tire dealerships, has entered into a licensing agreement with Continental Tire the Americas, LLC (“Continental”), joining the ContiLifeCycle™ dealer network. As a ContiLifeCycle dealer, Piedmont Truck Tires will be supplied with flat, precured ContiTread™ products, which will allow the commercial tire dealer to produce retreads featuring the same pattern designs, rubber compounding and tread technology that are included in new Continental brand truck tires. The affiliation between the two companies began in late 2010 when Piedmont Truck Tires started selling new Continental truck tires. From that point, Piedmont Truck Tires has recognized Continental’s commitment to quality and to becoming a leader in the commercial tire business. “We chose to extend our relationship with Continental because we believe in the quality of their products, and see they are moving aggressively to become an industry leader,” said Dan Rice, president of Piedmont Truck Tires. “Continental has proven to be a true partner and we are prepared to take the steps needed to support the growth of both businesses.” ContiLifeCycle, Continental’s umbrella for retreading operations, already has a strong foothold in the Americas and since 2011 has steadily built a network of servicing dealers in the U.S. “Our dealer partners in the ContiLifeCycle network service both national and regional fleet customers who want to extend the performance of their Continental truck tires into the second, third or even fourth lifetime,” explained Paul Williams, Continental’s executive vice president for truck tires in the Americas. .../2 Your contact: Tanya McNabb, Phone: 704.780.0519 -2- “With our turnkey solution, including premium products, marketing support and competitive pricing, we are confident that we have an attractive program for dealers looking for a manufacturer to be their business partner in retreading. We look forward to our continued partnership with Piedmont Truck Tires and welcome them to our ContiLifeCycle network,” said Williams. In July 2014, Piedmont Truck Tires began retreading truck tires using Continental’s ContiLifeCycle retreading processes at its 155,000-square-foot facility in Graham, N.C., and also became the first retreader to use Continental’s proprietary new manufacturing control software, CLC Soft. CLC Soft is a unique solution that provides an interface to manage the entire retread process, from tire collection to data delivery to the retreader’s enterprise resource planning systems. By running as a cloud-based solution, or locally stored on any web-enabled device, CLC Soft provides dealers with a wide range of flexibility. Piedmont Truck Tires was incorporated in 1978 as a subsidiary of Piedmont Ford Truck Sales in Greensboro, N.C. In 1984, a new management team was formed for Piedmont Truck Tires, which included all three of the current owners, Jim Rice, Mitch Glover and Dan Rice. Today, Piedmont operates nine commercial truck centers throughout North Carolina, South Carolina and Virginia. ## With sales of around €33.3 billion in 2013, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently has approximately 182,000 employees in 49 countries. As one of the world’s leading tire manufacturers, with more than 44,000 employees, the Tire division achieved sales of €9.6 billion in 2013. Today, the division has 24 production and development locations worldwide. The broad product range and continuous investments in R&D make a major contribution to cost-effective and ecologically efficient mobility. .../3 Your contact: Tanya McNabb, Phone: 704.780.0519 -3The Commercial Vehicle Tire business is one of the largest manufacturers of truck, bus and commercial specialty tires worldwide. Continental’s Tire Division is an Official Sponsor of the German DFB Cup, 2014 FIFA World CupTM in Brazil and the UEFA EURO 2016TM in France. Contact for Journalists: Tanya McNabb Continental Tire the Americas, LLC 1830 MacMillan Park Drive Fort Mill, SC 29707 Phone: 704-780-0519 E-mail: tanya.mcnabb@conti-na.com Online Media Database: www.mediacenter.continental-corporation.com CTA Commercial Vehicle Tires Media Site: www.ContiMedia-CVT.com Continental Truck Tires Web Site: www.continental-truck.com Your contact: Tanya McNabb, Phone: 704.780.0519