Nokian Renkaat - Major shareholder announcements

Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres plc Stock Exchange Release 21 March 2016 at 10:30 a.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on 18 March 2016,
according to which BlackRock, Inc.'s indirect holding in Nokian Tyres shares has
gone above the threshold of 5 % of the share capital in Nokian Tyres plc, as a
result of a share transactions concluded on 17 March 2016. The indirect
shareholding of BlackRock, Inc. in Nokian Tyres has increased to 6,933,499
shares, corresponding to 5.14% of Nokian Tyres’ shares and voting rights.

The mutual funds managed by BlackRock, Inc. held on deal date a total of
7,352,419 Nokian Tyres’ shares representing 5.45% of company’s 134,691,174
shares and voting rights.

Total positions of BlackRock, Inc. and its funds subject to the notification:

+----------------+----------+------------------+-----+----------------------+
|                |% of      |% of shares and   |Total|Total number of shares|
|                |shares and|voting rights     |of   |and voting rights of  |
|                |voting    |through financial |both |issuer                |
|                |rights    |instruments (total|in % |                      |
|                |(total    |of B)             |(A+B)|                      |
|                |of A)     |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Resulting       |5.14%     |0.31%             |5.45%|134,691,174           |
|situation on the|          |                  |     |                      |
|date on         |          |                  |     |                      |
|which threshold |          |                  |     |                      |
|was crossed or  |          |                  |     |                      |
|reached         |          |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Positions of    |4.87%     |0.27%             |5.15%|                      |
|previous        |          |                  |     |                      |
|notification    |          |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights:

+------------+-----------------+-----------------+-----------+------------+
|Class/type  |Number of shares |Number of shares |% of shares|% of shares |
|of shares   |and voting rights|and voting rights|and voting |and voting  |
|ISIN code   |                 |                 |rights     |rights      |
+------------+-----------------+-----------------+-----------+------------+
|            |Direct (SMA 9:5) |Indirect         |Direct (SMA|Indirect    |
|            |                 |(SMA 9:6 and 9:7)|9:5)       |(SMA 9:6 and|
|            |                 |                 |           |9:7)        |
+------------+-----------------+-----------------+-----------+------------+
|FI0009005318|                 |6,933,499        |           |5.14%       |
+------------+-----------------+-----------------+-----------+------------+
|SUBTOTAL A  |                 |6,933,499        |           |5.14%       |
+------------+-----------------+-----------------+-----------+------------+

B: Financial instruments according to SMA 9:6a:

+----------+----------+----------+----------+-----------------+---------------+
|Type of   |Expiration|Exercise/ |Physical  |Number of shares |% of shares and|
|financial |date      |Conversion|or        |and voting rights|voting rights  |
|instrument|          |Period    |cash      |                 |               |
|          |          |          |settlement|                 |               |
+----------+----------+----------+----------+-----------------+---------------+
|Securities|N/A       |N/A       |Physical  |391,932          |0.29%          |
|Lent      |          |          |          |                 |               |
+----------+----------+----------+----------+-----------------+---------------+
|CFD       |N/A       |N/A       |Cash      |12,988           |0.00%          |
+----------+----------+----------+----------+-----------------+---------------+
|Total     |22.6.2016 |N/A       |Cash      |14,000           |0.01%          |
|Return    |          |          |          |                 |               |
|Swap      |          |          |          |                 |               |
+----------+----------+----------+----------+-----------------+---------------+
|SUBTOTAL B|          |          |          |418,920          |0.31%          |
+----------+----------+----------+----------+-----------------+---------------+

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com
Nokian Tyres is the only tyre manufacturer in the world that focuses on
customer needs in demanding conditions. The company supplies innovative tyres
for cars, trucks and special heavy machinery mainly in areas with special
challenges on tyre performance: snow, forests and harsh driving conditions in
different seasons. Nokian Tyres’ product development is consistently aiming
for sustainable solutions for safety and the environment, taking into account
the whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre
chain Vianor has 1,475 outlets in 26 countries. In 2015 Nokian Tyres had
approximately 4,400 employees and net sales of approximately 1,4 billion euros.
Nokian Tyres’ share is listed on the Nasdaq Helsinki. Further
information: www.nokiantyres.com