Nokia Oyj - Changes in company's own shares

Share buyback 19.02.2007

--------------------------------------------------------------------------------
| Nokia Corporation                       |       ANNOUNCEMENT |    19.02.2007 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| SHARE REPURCHASE                        |         19.02.2007 |               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| In the Helsinki Stock Exchange          |                    |               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Trade date                              |         19.02.2007 |               |
--------------------------------------------------------------------------------
| Bourse trade                            |                BUY |               |
--------------------------------------------------------------------------------
| Share                                   |              NOK1V |               |
--------------------------------------------------------------------------------
| Amount                                  |            570 000 | shares        |
--------------------------------------------------------------------------------
| Total cost                              |         10 034 508 | EUR           |
--------------------------------------------------------------------------------
| Average price / share                   |            17.6044 | EUR           |
--------------------------------------------------------------------------------
| Highest price / share                   |              17.70 | EUR           |
--------------------------------------------------------------------------------
| Lowest price / share                    |              17.56 | EUR           |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                                         |                    |               |
--------------------------------------------------------------------------------
| Nokia Corporation now holds             |        145 273 521 | shares        |
--------------------------------------------------------------------------------
| including the shares repurchased on     |         19.02.2007 |               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| On behalf of Nokia Corporation          |                    |               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Crédit Agricole Cheuvreux Nordic AB     |                    |               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Björn Sandberg                          | Patrik Björk       |               |
--------------------------------------------------------------------------------