Nokia - Changes in company's own shares

SHARE REPURCHASE 28.1.2008

Nokia Corporation               ANNOUNCEMENT 28.1.2008


SHARE REPURCHASE 28.1.2008

In the Helsinki Stock Exchange



Trade date                      28.1.2008
Bourse Trade                    BUY
Share                           NOK1V
Amount                          1.410.000       shares  
Total cost                      33.001.141      EUR
Average price / share           23,4051         EUR
Highest price / share           23,65           EUR
Lowest price / share            23,07           EUR

Nokia Corporation now holds a total of 139.537.253 shares 
including the shares repurchased on 28.1.2008.

On behalf of Nokia Corporation


ABN AMRO Bank N.V., Helsinki Branch


Jari Villenheimo		Ari Kiuru