Nokia - Changes in company's own shares

SHARE REPURCHASE 31.05.2007

Nokia Corporation        ANNOUNCEMENT   31.05.2007


SHARE REPURCHASE 31.05.2007

In the Helsinki Stock Exchange

Trade date                      31.05.2007
Bourse trade                    BUY	
Share                           NOK1V
Amount                          990 000  shares
Total cost                      20 243 520 EUR
Average price / share           20.4480    EUR
Highest price / share           20.52      EUR
Lowest price / share            20.32      EUR


Nokia Corporation now holds 29 436 398 shares
including the shares repurchased on 31.05.2007	




On behalf of Nokia Corporation	

Crédit Agricole Cheuvreux Nordic AB	

Björn Sandberg                  Michael Bernander