Nokian Renkaat - Company Announcement

NOKIAN TYRES BOARD OF DIRECTORS' PROPOSALS TO THE ANNUAL GENERAL MEETING

Nokian Tyres plc Stock Exchange Release 11.2.2009 at 8.05 a.m.        

NOKIAN TYRES BOARD OF DIRECTORS' PROPOSALS TO THE ANNUAL GENERAL MEETING 

The proposals to Nokian Tyres' Annual General Meeting which will be held on the
2nd of April, 2009 concern payment of dividend and the election of the members
for the Nokian Tyres' Board of Directors as well as the election of the
Auditor. 

Dividend

The Board of Directors of Nokian Tyres will propose to the Annual General
Meeting on the 2nd of April, 2009 that a dividend of EUR 0.40 per share is paid
for the fiscal year 2008. 

The dividend will be paid to shareholders who on the record date, April 7, 2009
have been entered in the Company's shareholder register maintained by the
Finnish Central Securities Depository Ltd. The payment date for the dividend is
proposed to be April 21, 2009. 

Members of the Board of Directors

The Nomination and Remuneration Committee of Nokian Tyres' Board of Directors
will propose to the Annual General meeting that seven members would be
nominated for the next period of one year, i.e. the present Board Members (Kim
Gran, Hille Korhonen, Hannu Penttilä, Petteri Walldén, Aleksey Vlasov and Kai
Öistämö) would be re-elected and Mr. Yasuhiko Tanokashira, SVP Finance &
Administration, Bridgestone Europe would be elected as a new Member of the
Board of Nokian Tyres. 

All candidates excluding Kim Gran and Yasuhiko Tanokashira are independent of
the company. 

Additional information of the proposed present Members of the Board are
available on Nokian Tyres' web pages: www.nokiantyres.com/investors. 

The Nomination and Remuneration Committee of Nokian Tyres' Board of Directors
will propose that the remuneration of the Board members would remain unchanged. 

Auditor   

Nokian Tyres' Board of Directors will propose that KPMG Oy Ab would be elected
as Auditor of Nokian Tyres. 

February 11,2009

Nokian Tyres plc 
Board of Directors

Further information: Ms. Anne Leskelä, CFO, tel. +358 10 401 7481 

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