Nokia - Changes in company's own shares

SHARE REPURCHASES 22.8.2007

Nokia Corporation                         ANNOUNCEMENT         22.8.2007   
                                                                           
SHARE REPURCHASES                         22.8.2007           
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                22.8.2007           
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    970.000 shares      
Total cost                                21.874.082,00 EUR         
Average price / share                     22,5506 EUR         
Highest price / share                     22,65 EUR         
Lowest price / share                      22,23 EUR         
                                                              
Nokia Corporation now holds               69.786.839 shares      
including the shares repurchased on       22.8.2007           
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad