Nokia - Changes in company's own shares

SHARE REPURCHASES 20/08/2007

Nokia Corporation                         ANNOUNCEMENT         20/08/2007  
                                                                           
SHARE REPURCHASES                         20/08/2007          
                                                                           
In the Helsinki Stock Exchange          
                                                                           
Trade date                                20/08/2007          
Bourse trade                              Buy                 
Share                                     NOK1V               
Amount                                    1.760.000 shares      
Total cost                                38.815.040,00 EUR         
Average price / share                     22,0540 EUR         
Highest price / share                     22,15 EUR         
Lowest price / share                      21,87 EUR         
                                                              
Nokia Corporation now holds               67.606.839 shares      
including the shares repurchased on       20/08/2007          
                                                                           
On behalf of Nokia Corporation          
                                                                           
Deutsche Bank AG                        
                                                                           
                                                                           
Juha Pomell                               Carl Hemmestad