Nokian Renkaat - Major shareholder announcements

NOTICE OF CHANGES IN OWNERSHIP IN COMPLIANCE WITH ARTICLE 10 OF SECTION 2 OF THE SECURITIES MARKET ACTS

Nokian Tyres plc Stock Exchange Announcement July 23, 2007 10.15 am             

NOTICE OF CHANGES IN OWNERSHIP IN COMPLIANCE WITH ARTICLE 10 OF SECTION 2 OF THE
SECURITIES MARKET ACTS                                                          

On 20 July, 2007 Nokian Tyres received an announcement from Grantham, Mayo, Van 
Otterloo & Co LLC according to which as a result of a share transaction         
concluded on 19 July 2007, their ownership has increased the level of 5 % of the
voting rights and share capital in Nokian Tyres plc. Grantham, Mayo, Van        
Otterloo & Co LLC now holds a total of 6,224,719 Nokian Tyres' share            
representing 5.06% of company's 122,989,620 shares and voting rights.           



Nokian Tyres plc                                                                

Raila Hietala-Hellman                                                           
Vice President, Corporate Communications                                        


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