· No concerns over raw material supply for tire production

· Process seen as a "real competitive advantage" for Goodyear

AKRON, Ohio, October 3, 2008 – The Goodyear Tire & Rubber Company today said it has no concerns about raw material supplies for its tire production as its synthetic rubber plants returned to operation quickly due to the effectiveness of the company’s Business Continuity efforts. The plants in Beaumont, and Houston, Texas had been closed in advance of Hurricane Ike making landfall on September 13.

The company said the short production interruption and minimal business impact resulted from its comprehensive Business Continuity process, which was enacted in advance of the hurricane’s landfall. In addition, contingencies were put in place to obtain critical raw materials for the company’s tire manufacturing facilities.

Goodyear’s Business Continuity process is an integrated strategy for maintaining the company’s ability to operate under adverse conditions. It includes initiatives to avoid operational disruptions, return to normal following incidents and emergencies, maximize the safety of associates and ensure the long-term viability of the business.

"We’re extremely pleased by the way our Business Continuity process works, and how we were able to quickly get our operations running after the hurricane," said Robert J. Keegan, chairman and chief executive officer. "We see the management of this process as a real competitive advantage in these types of circumstances."

As part of the Business Continuity efforts, the company pulled forward a limited amount of previously announced reductions in North American tire production to ease the pressure on its raw material supply chain, but continued to produce tires that were in demand by consumers. No tire plants were damaged by the hurricane.

Goodyear is one of the world’s largest tire companies. Goodyear employs about 70,000 people and manufactures its products in more than 60 facilities in 25 countries around the world. For more information about Goodyear, go to www.goodyear.com/corporate.

Certain information contained in this press release may constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. There are a variety of factors, many of which are beyond our control, which affect our operations, performance, business strategy and results and could cause our actual results and experience to differ materially from the assumptions, expectations and objectives expressed in any forward-looking statements. These factors include, but are not limited to: actions and initiatives taken by both current and potential competitors; increases in the prices paid for raw materials and energy; our ability to realize anticipated savings and operational benefits from our cost reduction initiatives or to implement successfully other strategic initiatives; potential adverse consequences of litigation involving the company; pension plan funding obligations; as well as the effects of more general factors such as changes in general market or economic conditions or in legislation, regulation or public policy. Additional factors are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change.

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