Nokia - Major shareholder announcements

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of JPMorgan Chase & Co. in Nokia Corporation exceeded 5%

Nokia Corporation
Stock Exchange Release
May 11, 2015 at 10.15 (CET +1)

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act:
holdings of JPMorgan Chase & Co. in Nokia Corporation exceeded 5%

Espoo, Finland - According to information received by Nokia Corporation, the
holdings of JPMorgan Chase & Co. in Nokia have exceeded 5% of the total number
of shares and voting rights of Nokia.

On May 7, 2015 the holdings of JPMorgan Chase & Co. in Nokia, through its
controlled undertakings, comprising of both shares and financial instruments,
amounted to a total of 192 381 434 shares, corresponding to approximately 5.23%
of the total number of shares and voting rights of Nokia.

The above total holdings comprise of 165 824 304 Nokia shares, corresponding to
approximately 4.51% of the total number of shares and voting rights of Nokia,
and financial instruments that can, if realized, in aggregate result to a
holding of 26 557 130 Nokia shares, corresponding to approximately 0.72% of the
current total number of shares and voting rights of Nokia. The financial
instruments are comprised of convertible bond and option arrangements that can
be either convertible to or settled in Nokia shares.

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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