Nokia - Corporate Action

Exercises with stock options of Nokia Corporation

Nokia Corporation
Stock Exchange Release
January 2, 2015 at 9:15 (CET +1)

Espoo, Finland - Based on Nokia Corporation's 2011 Stock Option Plan a total of
11 513 Nokia shares were subscribed for between November 25 and December
23, 2014. The subscription price was EUR 5.76 per share. The total amount of the
subscription price, EUR 66 314.88, will be recorded in the fund for invested
non-restricted equity and, consequently, the share capital of the company does
not increase.

The amount of Nokia shares after registration of the shares in the Trade
Register is 3 745 044 246 shares. Each share carries one vote. The new shares
carry all the shareholder rights as of the registration date January 2, 2015.
The shares are subject to trading in NASDAQ OMX Helsinki Oy together with other
Nokia shares (NOK1V) as of January 2, 2015.

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


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