Nokian Renkaat - Company Announcement

NOKIAN TYRES SIGNED A EUR 100 MILLION MULTICURRENCY REVOLVING CREDIT FACILITY

Nokia, Finland, 2011-03-31 14:01 CEST (GLOBE NEWSWIRE) -- Nokian Tyres plc
Stock Exchange Release 31 March 2011 3:00 p.m. 

NOKIAN TYRES SIGNED A EUR 100 MILLION MULTICURRENCY REVOLVING CREDIT FACILITY

Nokian Tyres plc has signed a EUR 100 million Multicurrency Revolving Credit
Facility for 5 years with international banks on the 31st of March 2011. The
Facility will be used to refinance the existing EUR 180 million Multicurrency
Revolving Credit Facility that was signed 4th of November 2009 and for general
corporate purposes. 

Mandated Lead Arrangers and Bookrunners for the facility are:  HANDELSBANKEN
CAPITAL MARKETS, SVENSKA HANDELSBANKEN AB (PUBL),NORDEA BANK FINLAND PLC,
POHJOLA BANK PLC and SAMPO BANK PLC. 

The coordinator and facility agent for the facility was Nordea.

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications



For further information: Mrs. Anne Leskelä, Vice President,Finance and Control,
tel. +358 10 401 7481. 

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