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2016-05-04

Nokian Tyres: Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres plc Stock Exchange Release 4 May 2016 at 09:45 a.m.

Nokian Tyres has received an announcement from BlackRock, Inc. on 3
May 2016, according to which BlackRock, Inc.'s indirect holding in
Nokian Tyres shares has gone above the threshold of 5 % of the share
capital in Nokian Tyres plc, as a result of a share transactions
concluded on 2 May 2016. The indirect shareholding of BlackRock, Inc.
in Nokian Tyres has increased to 7,014,013 shares, corresponding to
5.20% of Nokian Tyres' shares and voting rights.

The mutual funds managed by BlackRock, Inc. held on deal date a total
of 7,420,770 Nokian Tyres' shares representing 5.50% of company's
134,691,174 shares and voting rights.

Total positions of BlackRock, Inc. and its funds subject to the
notification:

+----------------+----------+------------------+-----+----------------------+
| |% of |% of shares and |Total|Total number of shares|
| |shares and|voting rights |of |and voting rights of |
| |voting |through financial |both |issuer |
| |rights |instruments (total|in % | |
| |(total |of B) |(A+B)| |
| |of A) | | | |
+----------------+----------+------------------+-----+----------------------+
|Resulting |5.20% |0.30% |5.50%|134,691,174 |
|situation on the| | | | |
|date on | | | | |
|which threshold | | | | |
|was crossed or | | | | |
|reached | | | | |
+----------------+----------+------------------+-----+----------------------+
|Positions of |4.87% |0.31% |5.18%| |
|previous | | | | |
|notification | | | | |
+----------------+----------+------------------+-----+----------------------+

Notified details of the resulting situation on the date on which the
threshold was crossed or reached:

A: Shares and voting rights:

+------------+-----------------+-----------------+-----------+------------+
|Class/type |Number of shares |Number of shares |% of shares|% of shares |
|of shares |and voting rights|and voting rights|and voting |and voting |
|ISIN code | | |rights |rights |
+------------+-----------------+-----------------+-----------+------------+
| |Direct (SMA 9:5) |Indirect |Direct (SMA|Indirect |
| | |(SMA 9:6 and 9:7)|9:5) |(SMA 9:6 and|
| | | | |9:7) |
+------------+-----------------+-----------------+-----------+------------+
|FI0009005318| |7,014,013 | |5.20% |
+------------+-----------------+-----------------+-----------+------------+
|SUBTOTAL A | |7,014,013 | |5.20% |
+------------+-----------------+-----------------+-----------+------------+

B: Financial instruments according to SMA 9:6a:

+----------+----------+----------+----------+-----------------+---------------+
|Type of |Expiration|Exercise/ |Physical |Number of shares |% of shares and|
|financial |date |Conversion|or |and voting rights|voting rights |
|instrument| |Period |cash | | |
| | | |settlement| | |
+----------+----------+----------+----------+-----------------+---------------+
|Securities|N/A |N/A |Physical |209,883 |0.15% |
|Lent | | | | | |
+----------+----------+----------+----------+-----------------+---------------+
|CFD |N/A |N/A |Cash |196,874 |0.14% |
+----------+----------+----------+----------+-----------------+---------------+
|SUBTOTAL B| | | |406,757 |0.30% |
+----------+----------+----------+----------+-----------------+---------------+

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com

Nokian Tyres is the world's northernmost tyre manufacturer. The
company promotes and facilitates safe driving in demanding
conditions. It 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 1,475 outlets in 26 countries. In
2015 Nokian Tyres had approximately 4,400 employees and net sales of
approximately 1,4 billion euros. Nokian Tyres' share is listed on the
Nasdaq Helsinki. Further information: www.nokiantyres.com

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