Nokian Tyres plc Stock Exchange Announcement Dec.20,2001 11.05 a.m. 1/1

Fidelity International Limited informed in the letter dated December 14, 2001 that it and its direct and indirect subsidiaries own a total of 546,242 Nokian Tyres shares as follows:

(Fund name
Shares
Proportion of share capital and voting rights %)

FIJ IT European Smaller Companies Open Mother
9.400
0,09

Fidelity European Fund
113.500
1,07

Fidelity European Values Plc
62.948
0,59

Fidelity Funds-European Growth
184.100
1,74

Fidelity Funds-European Smaller Companies
109.394
1,03

Unilever Prg Small Cap Europe
7.300
0,07

Basf AG-European Small Caps
22.900
0,22

Multi Style Multi Manager European Small Cap
16.900
0,16

Fidelity European Small Cap
500
0,00

Stchg Bd V De Mt En Tch Bd Esc
19.300
0,18

Total
546.242
5,16

As a consequence, the number of shares own by Fidelity International Limited with its subsidiaries amounts to 5.16% of Nokian Tyres' share capital and voting rights.

Nokian Tyres plc


Raila Hietala-Hellman
Vice President, Public Information