Nokia - Company Announcement

Rajeev Suri appointed Chief Executive Officer of Nokia Siemens Networks; Simon Beresford-Wylie to step down after successfully leading the company's integration

Nokia Corporation                                                               
Stock Exchange Release                                                          
September 1, 2009 at 13.00 (CET +1)                                             

Rajeev Suri appointed Chief Executive Officer of Nokia Siemens Networks; Simon  
Beresford-Wylie to step down after successfully leading the company's           
integration                                                                     

Espoo, Finland - The Nokia Siemens Networks Board of Directors has appointed    
Rajeev Suri as Chief Executive Officer, effective October 1, 2009. Suri succeeds
Simon Beresford-Wylie, who will support Suri during a transition period through 
November 1, 2009 before leaving the company. Beresford-Wylie will leave the     
Nokia Group Executive Board as of September 30, 2009. Suri will be based at     
Nokia Siemens Networks' headquarters in Espoo, Finland.                         "I am extremely pleased to announce Rajeev's appointment as Chief Executive     
Officer of Nokia Siemens Networks," said Olli-Pekka Kallasvuo, Nokia CEO and    
Chairman of the Board of Directors of Nokia Siemens Networks. "We began a       
comprehensive succession process when Simon shared his desire to depart at the  
appropriate time. That process has made it clear that Rajeev brings the right   
values, experience and industry expertise to take Nokia Siemens Networks        
forward."

Suri, who currently leads the Services business of Nokia Siemens Networks,      
brings 20 years of experience in the telecommunications industry to the role of 
Chief Executive Officer. Previous positions have included leading the           
Asia-Pacific region during a time of significant growth in both product and     
service sales; overseeing teams for important customers such as Hutchison; and  
managing products, such as the early cellular transmission portfolio of Nokia.  
In previous roles, he has been based in various locations including India,      
Finland, the United Kingdom, West Africa and Singapore. Suri, 41, is an Indian  
citizen and is married with two children.                                       "I would also like to thank Simon for his many contributions to Nokia Siemens   
Networks and to Nokia before that," said Kallasvuo. "I respect his decision to  
pursue opportunities in a new industry after 27 years in the telecommunications 
infrastructure sector. He leaves a remarkable legacy as the architect of Nokia  
Siemens Networks and as a close friend."

Beresford-Wylie joined Nokia in 1998 and held several positions in Asia and     
Europe before his appointment to head Nokia's infrastructure business group in  
February 2005. He was one of the leading drivers behind the creation of Nokia   
Siemens Networks and assumed the position of Chief Executive Officer of the     
company when it commenced operations on April 1, 2007. He has been a member of  
the Nokia Group Executive Board since 2005.                                     "Simon leaves with our deep appreciation for completing the successful          
integration of Nokia Siemens Networks," said Rudi Lamprecht, Vice Chairman of   
the Board of Directors of Nokia Siemens Networks. "Rajeev takes on the role of  
CEO as a proven leader who has most recently demonstrated his abilities with the
transformation of Nokia Siemens Networks' Services business. His deep experience
in customer-facing and product-related roles makes him an ideal leader for the  
company."

Note to editors: bios and photographs of Simon Beresford-Wylie and Rajeev Suri  
are available at                                                                
http://www.nokiasiemensnetworks.com/global/Press/Materials/Management/Leadership
+Team.htm?languagecode=en                                                       

About Nokia                                                                     
Nokia is a pioneer in mobile telecommunications and the world's leading maker of
mobile devices. Today, we are connecting people in new and different ways -     
fusing advanced mobile technology with personalized services to enable people to
stay close to what matters to them. We also provide comprehensive digital map   
information through NAVTEQ; and equipment, solutions and services for           
communications networks through Nokia Siemens Networks.                         

About Nokia Siemens Networks                                                    
Nokia Siemens Networks is a leading global enabler of telecommunications        
services. With its focus on innovation and sustainability, the company provides 
a complete portfolio of mobile, fixed and converged network technology, as well 
as professional services including consultancy and systems integration,         
deployment, maintenance and managed services. It is one of the largest          
telecommunications hardware, software and professional services companies in the
world. Operating in 150 countries, its headquarters are in Espoo, Finland.      
www.nokiasiemensnetworks.com                                                    

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Nokia                                                                           
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