Europe: New Truck Tire Generation In The Offing - Michelin

2005 Supplier Trophy: Porsche Rewards Michelin Again
For the second year in a row, Porsche awarded Michelin its much coveted " Supplier Award " on April 13,
2006 at Leipzig (Germany), during its Suppliers' Day. The trophy rewards the fruitful joint development
operations between our 2 groups, who have partnered each other since 1961. Michelin supplies tires for all
Porsche models.
North America: Michelin Rolls out Latitude Tour HP Crossover Tire
Michelin North America has officially introduced its Michelin Latitude Tour HP all-season tire for crossover
vehicles. The Latitude Tour HP's tread area contains a compound that is designed to maximize dry and wet
pavement grip. The tire also contains Michelin's new SecureLock tread blocks "that close and block under
hard acceleration, braking and cornering to deliver better overall performance". Latitude Tour HP is
available in 16 sizes ranging from 17 to 22 inches in diameter.
BFGoodrich 4X4 Tire Range Expanded in Europe
BFGoodrich is introducing a number of new 4X4 tires to its range in 2006. These are the All-terrain T/A
Comp, for off-road rallying; the Krawler T/A KX, launched in Europe in May 2006; plus four new dimensions
of the Macadam T/A, which is following the growth of the European SUV market.
Europe: GM and Michelin Strengthen Ties
Michelin has resumed deliveries to General Motors Europe: since the end of summer, the Group equips the
Opel Meriva and Corsa Combo models with Michelin Energy tires. Michelin is also certified for Opel Astra
and Zafira in the 16-inch dimension. Finally, Michelin will equip Opel Vectra and Saab 9-5/9-3 future sedans.
Michelin, which maintains strong commercial and technical ties with GM in North America and Asia, is keen
to continue and collaborate with GM at global level.
TRUCK AND RELATED DISTRIBUTION
Europe: New Truck Tire Generation in the Offing
2006 Results
In summer 2006, Michelin unveiled a new generation of Truck tires featuring a tread
design and Infinicoil architecture cluster of innovations. Thanks to self-regenerating
treads, tires retain high grip capability even when worn. Benefits of "Michelin
Durable Technologies" are therefore huge in terms of increased mileage, sustained
tire performance, and, above all, safety and return on investment.
7
HIGHLIGHTS

HIGHLIGHTS
2006 Results
Michelin X One XDN 2 Grip tire was the very first application
of "Michelin Durable Technologies". The new offering is
designed for truck power axles. By enabling the replacement
of dual tires by a single one, Michelin X One XDN 2 Grip
tires substantially improve fuel efficiency and payload. They
are available in the 495/45 R 22.5 dimension. The tire's
revolutionary tread pattern achieved through "Michelin
Durable Technologies" delivers top mileage and excellent
grip in any weather.
In September 2006, five new "Michelin Durable Technologies" applications were showcased at the Hanover
(Germany) International Motorshow (IAA):
Michelin Renews International Contract with Volvo Group
Europe: Michelin Euro Assist Goes Further
- Michelin X One MaxiTrailer, specifically designed for
trailers
- Michelin X Energy 315/60 R 22.5 XF (7.5 tonnes), the
first "Michelin Durable Technologies" steer axle application
in the Energy range
- Michelin X Coach, designed for bus power axles for use
all year-round
- Michelin X InCity for enhanced safety and productivity of
urban transportation
- Michelin Remix XDN 2 Grip following the introduction of
the Michelin Remix retread offering for Michelin Durable
Technology tire generations.
On January 26, 2007, Michelin renewed a long-term global contract
with the Volvo Group.
The initial global contract was signed in December 2003. Under the
new contract, Michelin will offer truck tires as original equipment for
vehicles assembled by Volvo in Europe, North America and South
America under the tradenames Volvo Trucks, Volvo Buses, Renault
Trucks and Mack Trucks.
Volvo's customers within the main long-haul and other truck ranges
will be offered tires that benefit from Michelin Durable Technologies,
making them safer and more cost effective for trucking companies.
Michelin Euro Assist now delivers breakdown services within 2 hours of a truck driver's call for help. And it
will even refund the EUR 70 bill should the breakdown service arrive even one minute late. Drivers can call
the 00 800 79 79 79 79 toll-free number in more than 20 European countries. Trucking fleets also have
real-time access to relevant repair information on the www.michelineuroassist.com breakdown
assistance website. Michelin Euro Assist is Europe's leading tire service, handling some 20,000 truck
breakdown situations each year across Europe.
8

Michelin A2 Energy rises to the fuel efficiency challenge.
About 28.89 liters of fuel saved with Michelin A2 Energy truck
tires over a 777-mile journey: this was the winning
answer of the "riddle" competition organized by Michelin. Two
Hanover-bound identical trucks started from Clermont-Ferrand
(France) on September 25 to arrive on the following day. They
had the same amount of fuel, the same load and were limited
to 90km/h. Their only distinction was their tire
fitments: one vehicle was fitted with Michelin E2+ and the other
with Michelin A2 Energy low rolling resistance tires.
Half-way down the road, the tires were switched between the
two vehicles. Using the fuel flow meters installed on both
trucks, the testers observed a 28.89-liter difference between
the two tire types. The winner of the challenge received
EUR 31,000 worth of fuel, the equivalent of a 40-ton truck's
average annual fuel consumption.
Ireland: Michelin to Fit 1,450 Buses
Michelin concluded a major contract with Translink. Under the contract, Michelin will supply and maintain
tires for the entire Ulsterbus fleet and that of its Northern Irish subsidiary, Metro. They own a total of 1,450
buses serving most of the province's regular lines. The 3-year contract, based on a cost per mile
arrangement can be extended by a further 2 years.
United Kingdom: Go-Ahead Awards Michelin an Important Contract
Michelin signed a contract with London Central, a division of the Go-Ahead group which operates some 600
buses in the center and the South-East of London. London Central opted for a three-year contract based
on mileage, along the same lines as Michelin's contract with London General, another division of Go-Ahead
which owns a fleet of 700 vehicles serving the center and South-West of London.
United States: Three-year Contract between Michelin and Petro:Lube
Under the agreement, Petro:Lube will sell BFGoodrich Truck tires and Michelin Retread Technologies
retreads as well as Michelin tires in its service centers around the United States. By the end of 2006,
Petro:Lube is set to distribute these products in 65 shops and plans to open 5 more every year.
Italy: LeasinGomme Tire Hire-purchase Program
LeasinGomme, jointly developed by Michelin and financial partner Banca Italease, meets a dual need on
the part of long haul fleets: achieve greater control over their tire expenditures and spread out payments
over a longer term. LeasinGomme proposes a hire-purchase contract for the full amount of the tire purchase
providing for up to 18 monthly installments. The program is being tested in Italy, where 107 " Michelin Quality
Certified " specialist retailers have already been trained by Michelin and Italease to market the new service.
Europe and Turkey: Recamic Expands its Offering
2006 Results
Recamic expands its "On/Off Road" and "Long Distance" offering.
The new XDY 3 E range targets hauling firms operating in a mixed environment. Tires in this range are designed
for drive axles of vehicles running more than 90% of the time on regional roads and less than 10% off-road.
The new 385/55 R 22.5 dimension of Recamic XTA2 Energy is specifically suited for trailer or semi-trailer
axles and for " Long Distance " use. The new dimension completes the Recamic A2 Energy family,
featuring some 20% longevity gains. Its fuel efficiency is also improved by around 6%, and safety was
further enhanced with greater lateral resistance.
9
HIGHLIGHTS

HIGHLIGHTS
2006 Results
Russia: Launch of the Michelin Truck Pro and Tyre Plus Partnerships
Michelin announced launch of the Michelin Truck Pro and Tyre Plus partnerships. The Group is developing
the Tyre Plus services and sales network for professionals in Russian towns of 150,000 inhabitants or more.
Tyre Plus already includes 82 branches in 61 Russian towns. Michelin Truck Pro's first branch was
inaugurated at Tyumen.
Road Safety in the United States of America
Michelin Americas Truck Tires joined the OEM Mack Trucks and Chevron Delo (lubricants) among the main
sponsors of the " Share the road " program launched by the American Trucking Association (ATA). For the
last 18 years, "Share the road" trucks travel the country to raise public, press and associations awareness
about road safety issues. Michelin's involvement in the program takes the form of a financial contribution as
well as donations of Michelin X One tires for all " Share the road " trucks.
Brazil: a new urban transportation tire
Michelin introduces Michelin X PASS XZU3 for the urban transportation industry. By 2007, most Brazilian
buses should be fitted with the new tire which delivers 35% more mileage before first removal than the
previous product generation. Currently, one third of the 180,000 bus fleet are fitted with Michelin tires.
Russia: Michelin Truck Road Tour Campaign to Know Everything about Truck Tires
To introduce its customers to the Group's Truck tires, Michelin launched its Truck Road Tour at the initiative
of Michelin Russia. From July 13 to September 15, a Michelin truck travelled Russia, visiting 24 towns. At
each stop, a team of Michelin salespeople presented Michelin's Truck and Bus tire range to retailers. The
trip ended at the Michelin Davydovo factory where four presentations were made to personnel.
Japan: Michelin XJE4 MIX Energy Wins Good Design Award
Michelin XJE4 MIX Energy Truck and Bus tire, launched in September 2005 and integrating the Michelin
Durable Technologies cluster of innovations, received the Good Design Award 2006 from the Industrial
Design Organization, which is one of Japan's benchmarking institutions.
SPECIALTY OPERATIONS
Earthmover
New Products Unveiled at the Intermat Show
Michelin showcased its new Earthmover tire products at Intermat
(International civil engineering show) held in Paris in April 2006,
including:
- Michelin 445/95 R 25 X-Crane AT, the first ever asymmetrical
crane tire. Designed for self-propelled cranes, the tire
combines all-terrain and road performance. With optimized carcass
and tread pattern design, it establishes gradual ground
contact that reduces vibrations while traveling on the road. It
offers a 20% longevity improvement over Michelin's previous
generation.
10