Titan International Inc (TWI): MHR Fund Management Enters Audit Committee Observer Agreement Acquires Some Shares

Page 2 of 9 – SEC Filing

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Table of Contents

CUSIP No.		88830M102		13D		Page 2 of 9 Pages

1		NAMES OF REPORTING PERSONS MHR INSTITUTIONAL PARTNERS III LP
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)  ¨        (b)  x
3		SEC USE ONLY
4		SOURCE OF FUNDS (SEE INSTRUCTIONS) WC
5		CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)  ¨
6		CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH				7		SOLE VOTING POWER 7,200,427
				8		SHARED VOTING POWER 0
				9		SOLE DISPOSITIVE POWER 7,200,427
				10		SHARED DISPOSITIVE POWER 0
11		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     7,200,427
12		CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ¨
13		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)     13.3%
14		TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN