NOTICE OF CHANGES IN OWNERSHIP IN COMPLIANCE WITH ARTICLE 10 OF SECTION 2 OF THE SECURITIES MARKET ACTS

Deutsche Bank AG London has informed on the behalf of Deutsche Bank AG that as at the close of business on 15 November 2005, Deutsche Bank AG, and its subsidiary companies were in possession of 6,390,488 ordinary shares of Nokian Tyres plc to which they had the dispositive rights, representing 5,28% of the company´s 120,990,470 outstanding ordinary shares.

In addition they informed that as at the close of business on 15 November 2005, Deutsche Bank AG, and its subsidiary companies were in a possession of 6,151,552 ordinary shares of Nokian Tyres plc to which they had the voting rights, representing 5.08% of the company’s 120,990,470 outstanding ordinary shares.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which Deutsche Bank London is a branch.

Nokian Tyres plc

Raila Hietala-Hellman

Vice President, Communications and IR

Distribution: OMX and major media

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