Nokia - Changes in company's own shares

SHARE REPURCHASES 07.08.2007

Nokia Corporation                         ANNOUNCEMENT         07.08.2007  
                                                                           
SHARE REPURCHASES                         07.08.2007          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                07.08.2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    1.470.000 shares      
Total cost                                31.975.293,00 EUR         
Average price / share                     21,7519 EUR         
Highest price / share                     21,99 EUR         
Lowest price / share                      21,54 EUR         
                                                              
Nokia Corporation now holds               54.976.839 shares      
including the shares repurchased on       07.08.2007          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Patrik Holmberg                           Pedram Akhavan-Malayeri