Nokian Tyres plc: Voluntary tender offer of its EUR 150,000,000 3.25 percent notes due 2017

Nokian Tyres plc Stock Exchange Release 28 August 2015 at 9:30 a.m.
Not for release, publication or distribution, directly or indirectly, in or into
Australia, Canada, Hong Kong, Japan, Singapore, South Africa or the United
States, or any other jurisdiction in which the distribution or release would be
unlawful.

Nokian Tyres plc announces a voluntary cash tender offer for noteholders holding
its EUR 150,000,000 3.25 percent senior unsecured notes issued on 19 July 2012
(FI4000046370). The approximate nominal amount of notes tendered under the
tender offer is EUR 75,000,000.

The purchase price of the notes is EUR 104,400 per each EUR 100,000 nominal
amount of the notes which will be paid to noteholders together with accrued and
unpaid interest in respect of all notes validly tendered and delivered and
accepted for purchase by Nokian Tyres plc pursuant to the tender offer.

The offer period begins on 28 August 2015 at 9.30 EET and expires on 8 September
2015 at 16.00 EET. The offer results are expected to be announced on 9 September
2015 and the settlement is expected to occur on 14 September 2015. The tender
offer is subject to the terms and conditions outlined in the tender offer
memorandum dated 28 August 2015. The tender offer memorandum is available at the
account operators and the dealer manager for the tender offer.

Danske Bank Oyj is acting as the exclusive dealer manager and tender agent for
the tender offer.

Information about the tender offer is available at the tender agent, Tel. +358
10 513 8794 or e-mail: debtcapitalmarkets@danskebank.fi

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications


Further information: Leena Kaipainen, Group Treasury Manager, Tel. +358 10 401
7627

Distribution: NASDAQ Helsinki, media and www.nokiantyres.com

DISCLAIMER

Not for release, publication or distribution, directly or indirectly, in or into
Australia, Canada, Hong Kong, Japan, Singapore, South Africa or the United
States, or any other jurisdiction in which the distribution or release would be
unlawful. Persons who reside outside Finland may receive this release and the
related notes documentation only in compliance with applicable exemptions and
restrictions. Persons into whose possession this release and the related notes
documentation may come are required to inform themselves about and comply with
such restrictions.

This release is for informational purposes only and is not to be construed as an
offer to purchase or sell, or as a solicitation of an offer to purchase or sell
with respect to any notes. The distribution of this release and the related
material concerning the invitation to tender the outstanding notes are
prohibited by law in certain countries. The tender offer for the outstanding
notes is not made to the public either inside or outside of Finland. In
particular, this release does not constitute an offer to purchase or sell, or a
solicitation of offers to purchase or sell, any securities in the United States.
Any notes referred to herein have not been, and will not be, registered under
the U.S. Securities Act of 1933, as amended, and may not be offered or sold in
the United States absent registration or an applicable exemption from
registration requirements.
Nokian Tyres is the only tyre manufacturer in the world that focuses on customer
needs in northern conditions. The company supplies innovative tyres for cars,
trucks and special heavy machinery mainly in areas with special challenges on
tyre performance: snow, forests and harsh driving conditions in different
seasons. Nokian Tyres’ product development is consistently aiming for
sustainable solutions for safety and the environment, taking into account the
whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre chain
Vianor has over 1,300 outlets in 27 countries. In 2014 Nokian Tyres had over
4,200 employees and net sales of approximately 1,4 billion euros. Nokian Tyres’
share is listed on the NASDAQ Helsinki. Further information: www.nokiantyres.com