Nokia - Changes in company's own shares

SHARE REPURCHASES 28.7.2008

Nokia Corporation       ANNOUNCEMENT     28.7.2008                              


SHARE REPURCHASES 28.7.2008                                                     

In the Helsinki Stock Exchange                                                  

Trade date              28.7.2008                                               
Bourse trade            BUY                                                     
Share                   NOK1V                                                   
Amount                  700.000        shares                                   
Total cost              12.504.540,34  EUR                                      
Average price/ share    17,8636        EUR                                      
Highest price/ share    18,00          EUR                                      
Lowest price/ share     17,72          EUR                                      



Nokia Corporation now holds a total of 97.482.616 shares                        
including the shares repurchased on 28.7.2008.                                  


On behalf of Nokia Corporation                                                  

Nordea Bank Finland Plc                                                         

Petri Simberg          Julius Summanen