Nokia - Changes in company's own shares

SHARE REPURCHASES 05.06.2008

Nokia Corporation             Announcement 05.06.2008

SHARE REPURCHASES   05.06.2008

In the Helsinki Stock Exchange

Trade date                     05.06.2008
Bourse Trade                   Buy 
Share                          NOK1V
Amount                         2 250 000     Shares
Total cost                     38 898 675    EUR
Average Price / Share          17.2883       EUR
Highest Price / Share          17.61         EUR
Lowest Price / Share           16.96         EUR

Nokia Corporation now holds a total of 66 083 890 shares including the shares
repurchased on 05.06.2008 

On the Behalf of Nokia Corporation

UBS Limited

Marten Sigurd                   Michael Nystrom