INDIANAPOLIS, Ind. (May 5, 2008) – Firestone Industrial Products Company, LLC (FSIP), has announced price increases between 3% and 7% on air springs for the light duty and heavy duty markets. The price increases will take effect on July 1, 2008.

“Prices for raw materials, energy and fuel continue to rise at unprecedented rates,” said Mike Cerio, President of FSIP. “Firestone has implemented aggressive programs for productivity enhancements and internal cost reductions throughout our facilities. However, raw material costs have outpaced these measures and in order to offset the continuing escalation, it has become necessary to raise our prices.”

About Firestone Industrial Products Company, LLC:

Firestone Industrial Products Company, LLC, a subsidiary of Bridgestone Firestone Diversified Products, specializes in air spring manufacturing and technology with a history of more than 65 years of research and development on technologically advanced air springs. Its famous Airide™ brand has set the standard for air spring manufacturing and technology since 1939. For more information, visit www.fsip.com.

About Bridgestone Firestone Diversified Products:

Bridgestone Firestone Diversified Products (BFDP) is based in Indianapolis, Ind., and is a subsidiary of Bridgestone Americas Holding, Inc. (BSAH). BFDP is responsible for BSAH’s non-tire businesses, including building and industrial products, synthetic polymers, natural and synthetic rubber, and industrial fibers and textiles.