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Nokian Tyres to sell its car tyre retreading business

Mon December 13 09:59 am 2004 in category Stock exchange releases
NOKIAN TYRES TO SELL ITS CAR TYRE RETREADING BUSINESS

Nokian Tyres’ tyre chain Vianor AB in Sweden is going to sell its car tyre retreading business. The letter of intent has been signed with the Swedish Mac Ripper AB. In 2004, Vianor AB has retreaded approximately 125.000 car tyres using the Galaxie trademark.

Vianor tyre chain will concentrate in selling new car and truck tyres and in retreading truck tyres.


Nokian Tyres plc

Raila Hietala-Hellman
Vice President, Communications and Investor Relations

Further information: Mr. Alexej von Bagh, Director of Retreading Business, tel. +358 50 597 8550

Distribution: OMX and major media