Nokia - Changes in company's own shares

SHARE REPURCHASE 27.08.2007

Nokia Corporation	      ANNOUNCEMENT 27.08.2007


SHARE REPURCHASE 27.08.2007

In the Helsinki Stock Exchange



Trade date                    27.08.2007
Bourse Trade                  BUY
Share                         NOK1V
Amount                        1.450.000       shares  
Total cost                    32.808.619      EUR
Average price / share         22,6266         EUR
Highest price / share         22,76           EUR
Lowest price / share          22,51           EUR


Nokia Corporation now holds a total of 73 566 839 shares 
including the shares repurchased on 27.08.2007.

On behalf of Nokia Corporation


ABN AMRO Bank N.V., Helsinki Branch


Jari Villenheimo		Ari Kiuru