Nokia - Changes in company's own shares

SHARE REPURCHASES 14.12.2007

Nokia Corporation                         ANNOUNCEMENT         14.12.2007  
                                                                           
SHARE REPURCHASES                         14.12.2007          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                14.12.2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    810.000 shares      
Total cost                                21.326.895,00 EUR         
Average price / share                     26,3295 EUR         
Highest price / share                     26,55 EUR         
Lowest price / share                      26,01 EUR         
                                                              
Nokia Corporation now holds               132.547.253 shares      
including the shares repurchased on       14.12.2007          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad