Nokia - Changes board/management/auditors

Change in the composition of the Nokia Group Leadership Team following the completion of the sale of HERE

Nokia Corporation
Stock Exchange Release
December 7, 2015 at 18:00 (CET +1)

Change in the composition of the Nokia Group Leadership Team following the
completion of the sale of HERE

Espoo, Finland - Following the completion of the sale of HERE to a consortium of
leading automotive companies, Sean Fernback is no longer a member of the Nokia
Group Leadership Team, effective December 5, 2015. The current members of the
Nokia Group Leadership Team are: Rajeev Suri, President and Chief Executive
Officer; Timo Ihamuotila, Executive Vice President and Chief Financial Officer;
Samih Elhage, Executive Vice President and Chief Financial and Operating Officer
of Nokia Networks; and Ramzi Haidamus, President, Nokia Technologies.

As announced on October 7, Nokia intends to implement changes to its leadership
and organizational structure after and subject to the successful closing of the
public exchange offer for Alcatel-Lucent securities. The planned transaction is
expected to close in the first quarter of 2016.

About Nokia
By focusing on the human possibilities of technology, Nokia embraces the
connected world to help people thrive. Our businesses are leaders in their
respective fields: Nokia Networks provides broadband infrastructure, software
and services; and Nokia Technologies provides advanced technology development
and licensing. www.nokia.com

Media Enquiries:

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

Investor Enquiries:

Nokia
Investor Relations
Tel. +358 4080 3 4080
Email: investor.relations@nokia.com

FORWARD-LOOKING STATEMENTS
This stock exchange release contains forward-looking statements, such as
statements reflect Nokia's current expectations and views of future events and
developments. Some of these forward-looking statements can be identified by
terms and phrases such as "intend," "plan" and similar expressions. These
forward-looking statements include statements relating to the potential
combination with Alcatel Lucent and plans related to changes in leadership and
operational structure. These forward-looking statements are subject to a number
of risks and uncertainties, many of which are beyond our control, which could
cause actual results to differ materially from such statements, including the
ability of Nokia to complete its planned combination with Alcatel Lucent.

The forward-looking statements should be read in conjunction with the other
cautionary statements that are included elsewhere, including Nokia's filings
with the U.S. Securities and Exchange Commission.  Any forward-looking
statements made in this stock exchange release are qualified in their entirety
by these cautionary statements, and there can be no assurance that the actual
results or developments anticipated by us will be realized or, even if
substantially realized, that they will have the expected consequences to, or
effects on, us or our business or operations. Except as required by law, we
undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.




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