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Aeolus Tyre says stake transaction plan

Aeolus Tyre Co.,Ltd.:

* Says it plans to buy 100 percent stake in Double Happiness Tyre Industrial Co., Ltd. and 100 percent stake in Qingdao-based rubber co, from a chemical rubber company

* Says it will buy 10 percent stake in Pirelli Industrial S.r.l., from Pirelli Tyre S.p.A

* The co will sell 80 percent stake in Jiaozuo-based tyre co, to Pirelli Tyre S.p.A

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