Nokia - Changes in company's own shares

SHARE REPURCHASES 21/12/2007

Nokia Corporation                         ANNOUNCEMENT         21/12/2007  
SHARE REPURCHASES                         21/12/2007          
In the Helsinki Stock Exchange          
Trade date                                21/12/2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    790.000 shares      
Total cost                                21.182.744,00 EUR         
Average price / share                     26,8136 EUR         
Highest price / share                     27,06 EUR         
Lowest price / share                      26,37 EUR         
Nokia Corporation now holds               136.687.253 shares      
including the shares repurchased on       21/12/2007          
On behalf of Nokia Corporation          
Deutsche Bank AG                        
Juha Pomell                               Carl Hemmestad