Nokia - Changes in company's own shares

SHARE REPURCHASES 22/11/2007

Nokia Corporation                         ANNOUNCEMENT         22/11/2007  
                                                                           
SHARE REPURCHASES                         22/11/2007          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                22/11/2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    830.000 shares      
Total cost                                21.426.533,00 EUR         
Average price / share                     25,8151 EUR         
Highest price / share                     26,10 EUR         
Lowest price / share                      25,47 EUR         
                                                              
Nokia Corporation now holds               120.667.253 shares      
including the shares repurchased on       22/11/2007          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad