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

Nokian Tyres plc Stock Exchange Release 28 December 2015 at 3:30 p.m. Nokian Tyres has received an announcement from BlackRock, Inc. on 28 December 2015, according to which the holdings of the mutual funds managed by BlackRock, Inc. fell below level of 5% of the share capital in Nokian Tyres plc, as a result of a share transactions concluded on 24 December 2015. 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 |Below 5% |Below 5% |Below|134,691,174 | |situation on the| | |5% | | |date on | | | | | |which threshold | | | | | |was crossed or | | | | | |reached | | | | | +----------------+----------+------------------+-----+----------------------+ |Positions of |4.70% |0.45% |5.15%| | |previous | | | | | |notification | | | | | |(if applicable) | | | | | +----------------+----------+------------------+-----+----------------------+ 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| |Below 5% | |Below 5% | +------------+-----------------+-----------------+-----------+------------+ |SUBTOTAL A | |Below 5% | |Below 5% | +------------+-----------------+-----------------+-----------+------------+ 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 |Below 5% |Below 5% | |Lent | | | | | | +----------+----------+----------+----------+-----------------+---------------+ |CFD |N/A |N/A |Cash |Below 5% |Below 5% | +----------+----------+----------+----------+-----------------+---------------+ |Total |22.6.2016 |N/A |Cash |Below 5% |Below 5% | |Return | | | | | | |Swap | | | | | | +----------+----------+----------+----------+-----------------+---------------+ |SUBTOTAL B| | | |Below 5% |Below 5% | +----------+----------+----------+----------+-----------------+---------------+ Nokian Tyres plc Antti-Jussi Tähtinen Vice President, Marketing and Communications Distribution: Nasdaq Helsinki Oy, media and www.nokiantyres.com 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 1,400 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