SHARES SUBSCRIBED WITH OPTION RIGHTS; NOKIAN TYRES PLC

After May 20, 2005 registered increase in share capital a total of 229,500 Nokian Tyres plc’s shares have been subscribed with the 2001A option rights, 68,200 with the 2001B option rights and 373,210 with the 2001C option rights. These option rights are attached to the Nokian Tyres plc’s Option Program of 2001.

An increase in share capital totalling 134,182 euros was entered into the Trade Register on August 17,2005.

The shares will be traded on the Helsinki Exchanges together with the old shares as of August 18, 2005.

Identifiers of Nokian Tyres plc’s share after the increase in share capital:

Trading code: NRE1V

ISIN code: FI0009005318

Number of shares: 120,841,920

After the increase, Nokian Tyres plc’s share capital is 24,168,384.00

euros.

Nokian Tyres plc

Raila Hietala-Hellman

Vice President, Communications and Investor Relations

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