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Fri September 29 12:00 am 2000 in category Stock exchange releases
Nokian Tyres plc Stock Exchange Bulletin Sept.29,2000 2.30 pm.

NOKIAN TYRES AND MICHELIN GROUP SIGNED THE FRAME AGREEMENT



Nokian Tyres plc and Michelin Group signed today the frame agreement concerning the off-take co-operation. The enclosures of the frame agreement, i.e. detailed contact manufacturing agreements of separate product groups are, however, still open. It is the target to finalise them during October and to start the first phase in tyre production during the year 2000.

Nokian Tyres plc

Raila Hietala-Hellman
Vice President, Public Information

Further information:

Mr. Kim Gran, President and CEO, Nokian Tyres plc, tel. +358 3 340 7336.