2007-09-07 09:00:00 CEST

2007-09-07 09:00:00 CEST


REGULATED INFORMATION

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Nokia - Corporate Action

Exercises with stock options of Nokia Corporation


Helsinki, Finland - A total of 2 154 023 shares of Nokia Corporation ("Nokia")  
were subscribed for between 31.7.2007 - 3.9.2007 based on Nokia's 2001, 2003 and
2005 employee stock option plans. The total amount of subscription prices, EUR  
31 688 726.39, is recorded in the fund for invested non-restricted equity. The  
new shares carry full shareholder rights as from the registration date September
7, 2007. The shares are admitted to public trading on the Helsinki Exchanges as 
of the same date together with the old Nokia share class (NOK1V).               
                                                                                
After the registration, the total number of shares is 3 934 695 515 including   
the shares held by the company.                                                 
                                                                                

Media Enquiries:                                                                
                                                                                
Nokia                                                                           
Communications                                                                  
Tel. +358 7180 34900                                                            
Email: press.office@nokia.com                                                   
                                                                                
www.nokia.com