Nokia - Changes in company's own shares

SHARE REPURCHASES 20/09/2007

Nokia Corporation                         ANNOUNCEMENT         20/09/2007  
                                                                           
SHARE REPURCHASES                         20/09/2007          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                20/09/2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    1.880.000 shares      
Total cost                                49.255.060,00 EUR         
Average price / share                     26,1995 EUR         
Highest price / share                     26,41 EUR         
Lowest price / share                      26,03 EUR         
                                                              
Nokia Corporation now holds               99.686.839 shares      
including the shares repurchased on       20/09/2007          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad