2019-01-23 09:00:00 CET

2019-01-23 09:00:05 CET


REGULATED INFORMATION

English
Nokian Renkaat - Major shareholder announcements

Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act


Nokian Tyres plc Stock Exchange Release January 23, 2019, at 10:00 a.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on January 22,
2019, in accordance with the Finnish Securities Market Act Chapter 9, Section 5.
According to the announcement BlackRock, Inc.'s indirect holding in Nokian Tyres
shares went under the level of 5% of the share capital in Nokian Tyres plc, as
result of share transactions concluded on January 21, 2019.

The indirect shareholding of BlackRock, Inc. in Nokian Tyres has decreased to
6,891,818 shares, corresponding to 4.99% of Nokian Tyres’ shares and voting
rights.

BlackRock, Inc. and its funds held on deal date a total of 7,127,149 Nokian
Tyres’ shares representing 5.16% of company’s 138,065,719 shares and voting
rights.

Total positions of BlackRock, Inc. and its funds subject to the notification:

+----------------+----------+------------------+------+----------------------+
|                |% of      |% of shares and   |Total |Total number of shares|
|                |shares and|voting rights     |of    |and voting rights of  |
|                |voting    |through financial |both  |issuer                |
|                |rights    |instruments (total|in %  |                      |
|                |(total    |of B)             |(A+B) |                      |
|                |of A)     |                  |      |                      |
+----------------+----------+------------------+------+----------------------+
|Resulting       |4.99%     |0.17%             |5.16% |138,065,719           |
|situation on the|          |                  |      |                      |
|date on         |          |                  |      |                      |
|which threshold |          |                  |      |                      |
|was crossed or  |          |                  |      |                      |
|reached         |          |                  |      |                      |
+----------------+----------+------------------+------+----------------------+
|Positions of    |5.03%     |0.10%             |5.13% |                      |
|previous        |          |                  |      |                      |
|notification    |          |                  |      |                      |
+----------------+----------+------------------+------+----------------------+

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights:

+------------+------+-----------------+---------------+---------------+
|Class/type  |Number|Number of shares |% of shares and|% of shares and|
|of          |of    |and voting rights|voting rights  |voting rights  |
|shares ISIN |shares|                 |               |               |
|code        |and   |                 |               |               |
|            |voting|                 |               |               |
|            |rights|                 |               |               |
+------------+------+-----------------+---------------+---------------+
|            |Direct|Indirect         |Direct (SMA    |Indirect       |
|            |(SMA  |(SMA 9:6 and     |9:5)           |(SMA 9:6 and   |
|            |9:5)  |9:7)             |               |9:7)           |
+------------+------+-----------------+---------------+---------------+
|FI0009005318|      |6,891,818        |               |4.99%          |
+------------+------+-----------------+---------------+---------------+
|SUBTOTAL A  |      |6,891,818        |               |4.99%          |
+------------+------+-----------------+---------------+---------------+

B: Financial instruments according to SMA 9:6a:

+-----------+----------+----------+-----------+---------+---------------+
|Type of    |Expiration|Exercise/ |Physical or|Number of|% of shares and|
|financial  |date      |Conversion|cash       |shares   |voting rights  |
|instrument |          |Period    |settlement |and      |               |
|           |          |          |           |voting   |               |
|           |          |          |           |rights   |               |
+-----------+----------+----------+-----------+---------+---------------+
|Securities |N/A       |N/A       |Physical   |212,758  |0.15%          |
|Lent       |          |          |           |         |               |
+-----------+----------+----------+-----------+---------+---------------+
|CFD        |          |          |Cash       |22,573   |0.01%          |
+-----------+----------+----------+-----------+---------+---------------+
|SUBTOTAL B |          |          |           |235,331  |0.17%          |
+-----------+----------+----------+-----------+---------+---------------+

Nokian Tyres plc

Päivi Antola
SVP, Corporate Communications and Investor Relations


Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com
Nokian Tyres is the world’s northernmost tire manufacturer and one of the most
sustainable companies in the industry. We offer peace of mind in all conditions
by developing high-quality, safe and eco-friendly tires for passenger cars,
trucks and heavy machinery. We are especially well known for our innovative
winter tires. Our group also includes the Vianor chain, specializing in vehicle
maintenance and tire services. In 2017, the company’s turnover was approximately
EUR 1.6 billion and it employed some 4,600 people. Nokian Tyres is listed on
Nasdaq Helsinki. Further information: www.nokiantyres.com