Nokian Renkaat - Company Announcement

Nokian Tyres plc: shares subscribed with option rights

Nokia, Finland, 2012-02-21 08:00 CET (GLOBE NEWSWIRE) -- Stock Exchange Release
21 February 2012  9.00 a.m. 

Nokian Tyres plc: shares subscribed with option rights

After 14 December 2011 registered new shares a total of 761 322 Nokian Tyres
plc's shares have been subscribed with the 2007B option rights and 125 233 with
the 2007C 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 on 21 February 2012, as
of which date the new shares will establish shareholder rights. 

The share capital will not increase with subscriptions made by 2007 option
rights. The entire subscription price of EUR 17,943,225.51 will be entered in
the invested unrestricted equity reserve. As a result of the share
subscriptions, the number of Nokian Tyres plc shares will increase to 130 496
395 shares. 

The shares will be traded on the NASDAQ OMX Helsinki Ltd together with the old
shares as of 22 February 2012. 

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

Trading code: NRE1V

ISIN code: FI0009005318

Number of shares: 130 496 395

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