Nokian Tyres plc Stock Exchange Announcement February 22,2007 2.30 pm SHARES SUBSCRIBED WITH OPTION RIGHTS; NOKIAN TYRES PLC After January 12, 2006 registered increase in share capital a total of 38,400 Nokian Tyres plc’s shares have been subscribed with the 2001A option rights, 72,300 with the 2001B option rights, 91,600 with the 2001C option rights and 7,630 with the 2004A option rights. These option rights are attached to the Nokian Tyres plc’s Option Programs of 2001 and 2004. An increase in share capital totalling 41,266 euros was entered into the Trade Register on February 22nd, 2007. The shares will be traded on the Helsinki Exchanges together with the old shares as of February 23, 2007. Identifiers of Nokian Tyres plc’s share after the increase in share capital: Trading code: NRE1V ISIN code: FI0009005318 Number of shares: 122,652,940 After the increase, Nokian Tyres plc’s share capital is 24,530,588.00 euros. Nokian Tyres plc Raila Hietala-Hellman Vice President, Corporate Communications