Insurance Company Owns 5.5 Per Cent Of Nokian

Nokian Tyres has received an announcement, according to which the ownership of Varma Mutual Pension Insurance Company has increased above the level of five per cent of the voting rights and share capital in Nokian Tyres plc as a result of a share transaction concluded on the 16th October 2008. Varma Mutual Pension Insurance Company now holds a total of 6,870,657 Nokian Tyres’ shares, representing 5.50 per cent of the company’s 124,831,190 shares and voting rights.