Nokian Tyres plc Stock Exchange Announcement November 12,2008 10.00 am SHARES SUBSCRIBED WITH OPTION RIGHTS; NOKIAN TYRES PLC After August 20, 2008 registered increase in share capital a total of 6,650 Nokian Tyres plc's shares have been subscribed with the 2004B option rights and 3,350 with the option rights 2004C. These option rights are attached to the Nokian Tyres plc's Option Programs of 2004. An increase in share capital totalling 2,000 euros was entered into the Trade Register on November 12, 2008. The shares will be traded on the Helsinki Exchanges together with the old shares as of November 13, 2008. Identifiers of Nokian Tyres plc's share after the increase in share capital: Trading code: NRE1V ISIN code: FI0009005318 Number of shares: 124,841,190 After the increase, Nokian Tyres plc's share capital is 24,968,238.00 euros. Nokian Tyres plc Raila Hietala-Hellman Vice President, Corporate Communications Distribution NASDAQ OMX Helsinki Ltd, media, www.nokiantyres.com