NOTICE OF CHANGES IN OWNERSHIP IN COMPLIANCE WITH ARTICLE 10 OF SECTION 2 OF THE SECURITIES MARKET ACTS

Nokian Tyres has today received an announcement from INVESCO Asset Management according to which as a result of a share transaction concluded on 17 July 2006, the holdings of AMVESCAP PCL, for and on behalf of funds managed by its affiliates, now represent more than 5 % of the voting rights and share capital in Nokian Tyres plc. AMVESCAP PCL, for and on behalf of funds managed by its affiliates, now holds a total of 6,653,883 Nokian Tyres' share representing 5.45% of company's 122,032,270 shares and voting rights.

The total interest is registered in the names below:

TRIMARK FUND 4.413.650 shares
TRIMARK EUROPLUS FUND 720.000 shares
INVESCO PERP EUROPEAN SM COS 423.150 shares
INVESCO GT PAN EUROPEAN ENT 316.300 shares
AIM European Small Company Fund 206.000 shares
INVESCO GLOBAL SELECT EQUITY FUND (UK) 108.200 shares
INVESCO GT CONT EURO ENT 81.750 shares
KEYSTONE FOREIGN FUND 79.800 shares
INVESCO EURO SM CAP FONDS 53.900 shares
AIM TRIMARK CORE GLOBAL EQUITY CLASS 51.400 shares
AIM TRIMARK FUND 40.500 shares
ATLANTIC TRUST MULTI CAP VALUE FUND 40.200 shares
MIX TRIMARK GLOBAL CLASS 39.900 shares
AT WHITEHALL MULTI CAP GLOBAL VALUE FND 28.200 shares
QUADRUS TRIMARK GLOBAL EQUITY FUND 22.600 shares
GLOBAL EUROPE MID MOTHER 21.033 shares
ATLANTIC TRUST RETIRE MULTI CAP FUND 7.300 shares

AMVESCAP PLC (registered in England and Wales, reg.number 308372) is the holding company of the AMVESCAP Group.

Nokian Tyres plc

Raila Hietala-Hellman
Vice President, Communications and IR

Distribution: OMX and major media