Nokian Renkaat - Company Announcement

NOKIAN TYRES PLC: SHARES SUBSCRIBED WITH OPTION RIGHTS

Nokia, Finland, 2011-02-24 09:15 CET (GLOBE NEWSWIRE) -- Nokian Tyres plc Stock
Exchange Release 24 Feb, 2011 10.15 a.m. 

NOKIAN TYRES PLC: SHARES SUBSCRIBED WITH OPTION RIGHTS

After 14 December, 2010 registered new shares a total of 1,146,301 Nokian Tyres
plc's shares have been subscribed with the 2007A option rights and 250 with the
2007B 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 24 February, 2011. 

The share capital will not increase with subscriptions made by 2007A or 2007B
option rights. The sum, corresponding to earlier nominal value, will be entered
into the reserve for invested unrestricted equity. 

The shares will be traded on the NASDAQ OMX Helsinki Ltd together with the old
shares as of 25 February, 2011. 

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

Trading code: NRE1V

ISIN code: FI0009005318

Number of shares: 128,849,012

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