Nokia - Changes in company's own shares

SHARE REPURCHASES 7.12.2007

Nokia Corporation                         ANNOUNCEMENT         7.12.2007   
                                                                           
SHARE REPURCHASES                         7.12.2007           
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                7.12.2007           
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    790.000 shares      
Total cost                                21.170.736,00 EUR         
Average price / share                     26,7984 EUR         
Highest price / share                     26,96 EUR         
Lowest price / share                      26,62 EUR         
                                                              
Nokia Corporation now holds               128.617.253 shares      
including the shares repurchased on       7.12.2007           
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad