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 a result of transactions in the ordinary shares of Nokian Tyres plc undertaken on 11 May 2006, Deutsche Bank AG and its subsidiary companies were in possession of 5,817,505 ordinary shares of Nokian Tyres plc, representing 4.80% of the share capital and voting rights of that company.

The total interest is registered in the names below:

Deutsche Bank AG 279,432 shares
Deutsche Bank Securities Inc. 109,138 shares
Deutsche Asset Management Inc. 1,019,280 shares
Deutsche Bank Trust Company Americas 477,200 shares
DWS Investment GmbH 850,000 shares
Deutsche Asset Management Investment GmbH 842,660 shares
Deutsche Investment Management Americas Inc. 2,239,795 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