Nokian Renkaat - Company Announcement

NOKIAN TYRES PLC: SHARES SUBSCRIBED WITH OPTION RIGHTS

Nokian Tyres plc Stock Exchange Announcement 18 Nov, 2010 9.30 am               

NOKIAN TYRES PLC: SHARES SUBSCRIBED WITH OPTION RIGHTS                          

After 19 August, 2010 registered new shares a total of 950 Nokian Tyres plc's   
shares have been subscribed with the 2007A option rights and 125 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 18    
November, 2010.                                                                 

The share capital will not increase with subscriptions made by 2007A and 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 19 November, 2010.                                                 

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

Trading code: NRE1V                                                             
ISIN code: FI0009005318                                                         
Number of shares: 127,191,055                                                   
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