Nokia - Total number of voting rights and capital

Exercises with stock options of Nokia Corporation

Nokia Corporation
Stock Exchange Release
June 30, 2017 at 8:00 (CET +1)

Exercises with stock options of Nokia Corporation

Espoo, Finland - Based on Nokia Corporation's 2011 Stock Option Plan a total of
75 000 Nokia shares were subscribed for between May 20 and June 26, 2017. The
subscription price was EUR 4.48 per share for 5 000 shares, EUR 2.08 per share
for 22 500 shares, EUR 1.82 per share for 35 000 shares and EUR 2.35 per share
for 12 500 shares. The total amount of the subscription price, EUR 162 275.00,
will be recorded in the fund for invested non-restricted equity and,
consequently, the share capital of the company does not increase.

The new shares carry all the shareholder rights as of the registration date June
30, 2017. The shares are expected to commence trading in Nasdaq Helsinki as of
July 3, 2017, and in Euronext Paris as of July 4, 2017, together with other
Nokia shares (NOKIA). Euronext Paris will publish a notice announcing the
admission to trading on Euronext Paris of the new shares.

The amount of Nokia shares after registration of the shares in the Trade
Register is 5 836 268 012 shares.

About Nokia
We create the technology to connect the world. Powered by the research and
innovation of Nokia Bell Labs, we serve communications service providers,
governments, large enterprises and consumers, with the industry's most complete,
end-to-end portfolio of products, services and licensing.

From the enabling infrastructure for 5G and the Internet of Things, to emerging
applications in virtual reality and digital health, we are shaping the future of
technology to transform the human experience. www.nokia.com

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


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