Nokia - Changes in company's own shares

SHARE REPURCHASES 28.05.2007

Nokia Corporation               ANNOUNCEMENT               28.05.2007

SHARE REPURCHASES            28.05.2007
In the Helsinki Stock Exchange




Trade Date                                        28.05.2007
Bourse Trade                                      BUY
Share                                             NOK1V
Amount                                            1,350,000      Shares
Total cost                                        26,758,890.00  EUR 
Average Price / share                             19.8214        EUR 
Highest Price / share                             19.87          EUR 
Lowest Price / share                              19.78          EUR




Nokia Corporation now holds a total of 25,316,398 shares including the Shares
repurchased on 28.05.2007 


On behalf of Nokia Corporation


Goldman Sachs International


Mark Stougaard          Matthew Welstead