Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres has received an announcement from BlackRock, Inc. on 15 January 2016, according to which the holdings of the mutual funds managed by BlackRock, Inc. exceeded level of 5% of the share capital in Nokian Tyres plc, as a result of a share transactions concluded on 14 January 2016. The mutual funds managed by BlackRock, Inc. held on deal date a total of 6,899,650 Nokian Tyres’ shares representing 5.12% of company’s 134,691,174 shares and voting rights.

Total positions of BlackRock, Inc. and its funds subject to the notification:

	% of shares and voting rights (total of A)	% of shares and voting rights through financial instruments (total of B)	Total of both in % (A+B)	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	4.50%	0.61%	5.12%	134,691,174
Positions of previous notification	Below 5%	Below 5%	Below 5%

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights:

Class/type of shares ISIN code	Number of shares and voting rights	Number of shares and voting rights	% of shares and voting rights	% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009005318		6,073,321		4.50%
SUBTOTAL A		6,073,321		4.50%

B: Financial instruments according to SMA 9:6a:

Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
Securities Lent	N/A	N/A	Physical	807,570	0.59%
CFD	N/A	N/A	Cash	4,759	0.00%
Total Return Swap	22.6.2016	N/A	Cash	14,000	0.01%
SUBTOTAL B				826,329	0.61%

Nokian Tyres plc
Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com