Nokian Tyres plc Stock Exchange Release 14 November 2011 9.00 a.m.

Nokian Tyres plc: Shares subscribed with option rights

After 11 August 2011 registered new shares a total of 260 Nokian Tyres plc's shares have been subscribed with the 2007B option rights and 750 with the 2007C 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 on 14 November 2011, as of which date the new shares will establish shareholder rights.

The share capital will not increase with subscriptions made by 2007 option rights. The entire subscription price of EUR 11 495.70 will be entered in the invested unrestricted equity reserve. As a result of the share subscriptions, the number of Nokian Tyres plc shares will increase to 129,569,715 shares.

The shares will be traded on the NASDAQ OMX Helsinki Ltd together with the old shares as of 15 November 2011.

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

Trading code: NRE1V

ISIN code: FI0009005318

Number of shares: 129,569,715

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