Nokia - Changes in company's own shares

SHARE REPURCHASES 17.8.2007

Nokia Corporation                         ANNOUNCEMENT         17.8.2007   
                                                                           
SHARE REPURCHASES                         17.8.2007           
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                17.8.2007           
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    1.880.000 shares      
Total cost                                40.330.324,00 EUR         
Average price / share                     21,4523 EUR         
Highest price / share                     22,00 EUR         
Lowest price / share                      20,85 EUR         
                                                              
Nokia Corporation now holds               65.846.839 shares      
including the shares repurchased on       17.8.2007           
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad