Nokia - Changes in company's own shares

SHARE REPURCHASE 16.11.2007

Nokia Corporation        ANNOUNCEMENT   16.11.2007


SHARE REPURCHASE 16.11.2007

In the Helsinki Stock Exchange

Trade date                      16.11.2007
Bourse trade                    BUY	
Share                           NOK1V
Amount                          800 000 shares
Total cost                      20 826 960 EUR
Average price / share           26.0337    EUR
Highest price / share           26.35      EUR
Lowest price / share            25.70      EUR


Nokia Corporation now holds 117 427 253 shares
including the shares repurchased on 16.11.2007	




On behalf of Nokia Corporation	

Crédit Agricole Cheuvreux Nordic AB	

Björn Sandberg                  Michael Bernander