Nokian Renkaat - Company Announcement

NOKIAN TYRES' YEAR 2010 NET SALES AND OPERATING PROFIT EXCEED EXPECTATIONS

Nokia, Finland, 2011-01-17 12:00 CET (GLOBE NEWSWIRE) -- Nokian Tyres plc Stock
Exchange Release 17 Jan, 2011 at 1 p.m. 



Nokian Tyres' sales and operating profit increased more than expected in the
last quarter of 2010. For the whole year 2010, the Net sales is estimated to be
approximately EUR 1,055.0 million (2009: EUR 798.5 million) and Operating
profit EUR 215-220 million (2009: EUR 102.0 million). 

Sales and operating profit grew clearly in all business units.

The company has previously stated that in 2010 the company is positioned to
clearly improve net sales and operating result compared to 2009. 

Estimated figures are unaudited. Nokian Tyres will publish its Financial
Statement Bulletin on 9 February 2011, at 8.00 a.m. 



Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Further information: Mr. Kim Gran, President and CEO,
Tel: +358 10 401 7336

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