Nokian Renkaat - Company Announcement

NOKIAN TYRES PLC: SHARES SUBSCRIBED WITH OPTION RIGHTS

Nokia, Finland, 2010-12-14 10:45 CET (GLOBE NEWSWIRE) -- Nokian Tyres plc   Stock Exchange Release 14 Dec, 2010 11.45 am

After 18 November, 2010 registered new shares a total of 511,406 Nokian Tyres
plc's shares have been subscribed with the 2007A 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 14 December, 2010. 

The share capital will not increase with subscriptions made by 2007A 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 15 December, 2010. 

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

Trading code: NRE1V

ISIN code: FI0009005318

Number of shares: 127,702,461

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