CORRECTION TO THE STOCK EXCHANGE ANNOUNCEMENT OF FEBRUARY 20, 2007: NOTICE OF CHANGES IN OWNERSHIP IN COMPLIANCE WITH ARTICLE 10 OF SECTION 2 OF THE SECURITIES MARKET ACTS

| Source: Nokian Renkaat Nokian Renkaat 

Nokian Tyres Plc Stock Exchange Announcement February 21, 2007 8.30 am          

CORRECTION TO THE STOCK EXCHANGE ANNOUNCEMENT OF FEBRUARY 20, 2007: NOTICE OF   
CHANGES IN OWNERSHIP IN COMPLIANCE WITH ARTICLE 10 OF SECTION 2 OF THE          
SECURITIES MARKET ACTS                                                          

Cantillon Capital Management LLC has informed that it held 714,000 Nokian Tyres 
shares representing 0.58% of Nokian Tyres' 122.446.610 shares and votes and not 
5.83% as was written in our Stock Exchange Announcement.                        

Nokian Tyres plc                                                                


Raila Hietala-Hellman                                                           
Vice President, Corporate Communications                                        


Distribution: OMX and major media