Nokia - Company Announcement

Nokia has supplemented its listing prospectus relating to the combination with Alcatel-Lucent

Nokia Corporation
Stock Exchange Release
April 5, 2016 at 16:15 (CET +1)

Nokia has supplemented its listing prospectus relating to the combination with
Alcatel-Lucent

Espoo, Finland - Nokia announced today that it has supplemented its English
language listing prospectus dated October 23, 2015 relating to the combination
with Alcatel-Lucent (together with the supplements of the listing prospectus
dated November 16, 2015, February 2, 2016 and February 12, respectively, the
"Listing Prospectus"). The Listing Prospectus will be used for the listing on
Nasdaq Helsinki and Euronext Paris of the new Nokia shares to be issued as
consideration for Alcatel-Lucent securities in connection with any further share
issues relating to the combination of Nokia and Alcatel-Lucent.

On April 5, 2016, the Finnish Financial Supervisory Authority has approved the
supplement to the Listing Prospectus (the "Supplement") containing certain
updates based on announcements and developments that have taken place after the
approval of the Listing Prospectus, such as the filing of Nokia's registration
statement on Form 20-F with the U.S. Securities and Exchange Commission,
containing, inter alia, updated risk factors relating to Nokia and Nokia's
audited financial statements for the year ended December 31, 2015.

The Supplement will be notified by the Finnish Financial Supervisory Authority
to the French stock market authority Autorité des Marchés Financiers in
accordance with the EU Prospectus Directive.

The Supplement is attached to this stock exchange release and will, together
with the Listing Prospectus, be available on Nokia's website at
http://company.nokia.com/en/investors/financial-reports/filings-related-to-the-
alcatel-lucent-transaction as of April 5, 2016. The Supplement will also be
available at the reception of Nasdaq Helsinki at Fabianinkatu 14, FI-00100
Helsinki, Finland, and at the head office of Nokia at Karaportti 3, FI-02610
Espoo, Finland, as of April 6, 2016.

About Nokia
Nokia is a global leader in the technologies that connect people and things.
Powered by the innovation of Bell Labs and Nokia Technologies, the company is at
the forefront of creating and licensing the technologies that are increasingly
at the heart of our connected lives.

With state-of-the-art software, hardware and services for any type of network,
Nokia is uniquely positioned to help communication service providers,
governments, and large enterprises deliver on the promise of 5G, the Cloud and
the Internet of Things. www.nokia.com

Media Enquiries:
Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services@nokia.com


FORWARD-LOOKING STATEMENTS

This stock exchange release contains forward-looking statements that reflect
Nokia's current expectations and views of future events and developments. Some
of these forward-looking statements can be identified by terms and phrases such
as "will", "to be", and similar expressions. These forward-looking statements
include statements relating to: the use of the Listing Prospectus and
notification to the Autorité des Marchés Financiers ("AMF"). These forward-
looking statements are subject to a number of risks and uncertainties, many of
which are beyond our control, which could cause actual results to differ
materially from such statements. These forward-looking statements are based on
our beliefs, assumptions and expectations of future performance, taking into
account the information currently available to us. These statements are only
predictions based upon our current expectations and views of future events and
developments. Risks and uncertainties include: Nokia's ability to comply with
the relevant securities regulations, as well as other risk factors listed from
time to time in Nokia's filings with the U.S. Securities and Exchange Commission
("SEC") and the AMF.

The forward-looking statements should be read in conjunction with the other
cautionary statements that are included elsewhere, including the Risk Factors
section of Nokia's and Alcatel-Lucent's most recent annual reports on Form 20-F;
reports furnished on Form 6-K; and any other documents that Nokia or Alcatel-
Lucent have filed with the SEC or the AMF. Any forward-looking statements made
in this stock exchange release are qualified in their entirety by these
cautionary statements, and there can be no assurance that the actual results or
developments anticipated by us will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects on,
Nokia's businesses or operations. Except as required by law, we undertake no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.


[HUG#2000683]

Attachments:

Supplement to the Listing Prospectus.pdf