Nokian Renkaat - Company Announcement

NOKIAN TYRES PLC: SHARES SUBSCRIBED WITH OPTION RIGHTS

Nokia, Finland, 2011-08-11 08:00 CEST (GLOBE NEWSWIRE) -- Nokian Tyres plc
Stock Exchange Release 11 August 2011 9.00 a.m. 

NOKIAN TYRES PLC: SHARES SUBSCRIBED WITH OPTION RIGHTS

After 12 May 2011 registered new shares a total of 50 Nokian Tyres plc's shares
have been subscribed with the 2007B option rights and 92,811 with the 2007C
option rights. These option rights are attached to the Nokian Tyres plc's
Option Programs of 2007. 

New shares have been registered into the Trade Register on 11 August 2011, as
of which date the new shares will establish shareholder rights. 

The share capital will not increase with subscriptions made by 2007 option
rights. The entire subscription price of EUR 705,616.49 will be entered in the
invested unrestricted equity reserve. As a result of the share subscriptions,
the number of Nokian Tyres plc shares will increase to 129,568,705 shares. 

The shares will be traded on the NASDAQ OMX Helsinki Ltd together with the old
shares as of 12 August 2011. 

Identifiers of Nokian Tyres plc's share after the registration of new shares:

Trading code: NRE1V

ISIN code: FI0009005318

Number of shares: 129,568,705

Share capital: 25,437,906.00 euros



Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications



Distribution: NASDAQ OMX, media, www.nokiantyres.com