Nokia - Major shareholder announcements

Notification under Chapter 2, Section 10 of the Finnish Securities Market Act: holdings of JPMorgan Chase & Co. in Nokia Corporation below 5%

Nokia Corporation
Stock exchange release
May 10, 2012 at 12.00 (CET+1)

Espoo, Finland - According to information received by Nokia Corporation, the
holdings of JPMorgan Chase & Co. and its controlled undertakings decreased
below 5% of the share capital of Nokia on May 8, 2012. The holdings include
shares owned by JPMorgan Chase companies as well as shares held on behalf of
clients. 

The previous notification regarding the holdings of JPMorgan Chase & Co. and
its controlled undertakings in Nokia was made on April 24, 2012. 

JPMorgan Chase & Co. has its head office at 270 Park Avenue, New York, NY
10017, USA and its IRS identification number is 13-2624428. 

About Nokia
Nokia is a global leader in mobile communications whose products have become an
integral part of the lives of people around the world. Every day, more than 1.3
billion people use their Nokia to capture and share experiences, access
information, find their way or simply to speak to one another. Nokia's
technological and design innovations have made its brand one of the most
recognized in the world. For more information, visit
http://www.nokia.com/about-nokia 

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