Nokian Renkaat - Company Announcement

NOKIAN TYRES APPLIES FOR LISTING OF STOCK OPTIONS 2007B ON THE HELSINKI STOCK EXCHANGE

Nokian Tyres plc Stock Exchange Release February 5,2010 at 10:30 am

NOKIAN TYRES APPLIES FOR LISTING OF STOCK OPTIONS 2007B ON THE HELSINKI STOCK
EXCHANGE 

The Board of Directors of Nokian Tyres plc has resolved to apply for listing of
the stock options 2007B on the NASDAQ OMX (Helsinki Stock Exchange) so that the
listing will commence on 1 March 2010. 

The total number of stock options 2007B is 2,250,000. Each stock option 2007B
entitles its holder to subscribe for one Nokian Tyres plc share. The shares can
be subscribed with the stock options 2007B during 1 March 2010 - 31 March 2012.
In the aggregate, the stock options 2007B entitle their holders to subscribe
for 2,250,000 shares. The present share subscription price with stock options
2007B is EUR 23.37/share. The dividends payable annually shall be deducted from
the share subscription price. 

Nokian Tyres plc

Anssi Mäki
Communications Manager

Further information: Ms. Anne Leskelä, CFO, tel. +358 10 401 7481

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