Nokia - Changes in company's own shares

SHARE REPURCHASE 28.08.2007

Nokia Corporation	      ANNOUNCEMENT 28.08.2007


SHARE REPURCHASE 28.08.2007

In the Helsinki Stock Exchange



Trade date                    28.08.2007
Bourse Trade                  BUY
Share                         NOK1V
Amount                        960.000       	shares  
Total cost                    21.558.036     	EUR
Average price / share         22,4563        	EUR
Highest price / share         22,57           	EUR
Lowest price / share          22,33           	EUR


Nokia Corporation now holds a total of 74.526.839 shares 
including the shares repurchased on 28.08.2007.

On behalf of Nokia Corporation


ABN AMRO Bank N.V., Helsinki Branch


Jari Villenheimo		Ari Kiuru