Nokian Tyres shares subscribed with option rights

After the October 31, 2003 registered increase in share capital a total of 13,070, Nokian Tyres plc’s shares have been subscribed with the 2001A option rights. These option rights are attached to the Nokian Tyres plc’s Option Program of 2001. An increase in share capital totalling 26,140 Euros was entered into the Trade Register on December 10, 2003.