Nokia - Corporate Action

Exercises with stock options of Nokia Corporation

Nokia Corporation
Stock Exchange Release
November 28, 2014 at 9:00 (CET +1)

Espoo, Finland - Based on Nokia Corporation's 2011 Stock Option Plan a total of
17 888 Nokia shares were subscribed for between October 28 and November
24, 2014. The subscription price was EUR 5.76 per share. The total amount of the
subscription price, EUR 103 034.88, 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 3 745 032 733 shares. Each share carries one vote. The new shares
carry all the shareholder rights as of the registration date November 28, 2014.
The shares are subject to trading in NASDAQ OMX Helsinki Oy together with other
Nokia shares (NOK1V) as of November 28, 2014.


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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