SHARES SUBSCRIBED WITH OPTION RIGHTS;

NOKIAN TYRES PLC

After November 11, 2005 registered increase in share capital a total of 4,500 Nokian Tyres plc’s shares have been subscribed with the 2001A option rights, 3,100 with the 2001B option rights and 850 with the 2001C option rights. These option rights are attached to the Nokian Tyres plc’s Option Program of 2001.

An increase in share capital totalling 1,690 euros was entered into the Trade Register on December 9,2005.

The shares will be traded on the Helsinki Exchanges together with the old shares as of December 12, 2005.

Identifiers of Nokian Tyres plc’s share after the increase in share capital:

Trading code: NRE1V
ISIN code: FI0009005318
Number of shares: 120,998,920

After the increase, Nokian Tyres plc’s share capital is 24,199,784.00
euros.

Nokian Tyres plc

Raila Hietala-Hellman
Vice President, Communications and Investor Relations