Nokia - Major shareholder announcements

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of BlackRock, Inc. in Nokia Corporation exceeded 5%

Nokia Corporation
Stock exchange release
September 24, 2014 at 9:50 (CET +1)

Espoo, Finland - According to information received by Nokia Corporation, the
holdings of BlackRock, Inc. in Nokia have exceeded 5% of the share capital and
voting rights of Nokia. 

On September 22, 2014, the holdings of BlackRock, Inc. in Nokia, through its
controlled undertakings, comprising of both shares and convertible bonds issued
by Nokia, amounted to a total of 188 139 957 shares, corresponding to
approximately 5.02% of the total number of shares and voting rights of Nokia. 

The above total holdings comprise of 179 656 351 Nokia shares, corresponding to
approximately 4.80% of the total number of shares and voting rights of Nokia,
and convertible bonds issued by Nokia that would, upon conversion based on the
current conversion price result to a holding of 8 483 606 Nokia shares,
corresponding to approximately 0.23% of the current total number of shares and
voting rights of Nokia. The maturity date of the convertible bonds is October
26, 2017. 

BlackRock, Inc. is addressed at 55 East 52nd Street, New York, NY 10055, USA
and its USA Tax identification number is 32-0174421. 

About Nokia

Nokia invests in technologies important in a world where billions of devices
are connected. We are focused on three businesses: network infrastructure
software, hardware and services, which we offer through Nokia Networks;
location intelligence, which we provide through HERE; and advanced technology
development and licensing, which we pursue through Nokia Technologies. Each of
these businesses is a leader in its respective field. http://company.nokia.com 

Media Enquiries:

Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services@nokia.com