Nokia - Corporate Action

Exercises with stock options of Nokia Corporation

Nokia Corporation
Stock Exchange Release
May 8, 2015 at 09:00 (CET +1)

Exercises with stock options of Nokia Corporation

Espoo, Finland - Based on Nokia Corporation's 2011 Stock Option Plan a total of
147 311 Nokia shares were subscribed for between January 2 and May 4, 2015. The
subscription price was EUR 5.76 per share for 58 311 shares and EUR 4.58 per
share for 89 000 shares. The total amount of the subscription price, EUR
743 491.36, 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 3 678 328 858 shares. The new shares carry all the shareholder
rights as of the registration date May 8, 2015. The shares are subject to
trading in Nasdaq Helsinki together with other Nokia shares (NOK1V) as of May
8, 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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